When the world is evolving, follow the trend.

[icalical]

~

While this is probably true in the long run, I don’t see the world switching to a fully digital transaction-based economy any time soon. There are still too many people struggling with the online world and want to keep using their cash. My family is the perfect example for that, my grandmother never did any online transactions, she even never did a bank transfer in her life. Everything is by my father or uncle; they withdraw the money for her and she just uses cash all the time. It’s very similar for my mother, she never did online banking in her life. All transactions she only does in the bank branch and while she uses her debit card from time to time, I would say she pays 95% in cash. My dad is doing online banking sometimes, but losses his logins once a month and needs to reset everything. My friends have very similar experiences with their parents and grandparents, which makes me question how the world could advance at the current stage. Maybe in 30 years once all the older generations are gone it’s going to look different, but right now it seems impossible.

Agree, if we talked about the Big City like New York, Tokyo, or London, then probably they are already moving towards a fully digital payment with their own app. But if we are talking about whole world, then it is still a long time for people to move to fully digital transaction, especially for more rural area and 3rd world country where the internet is not that reliable for doing digital transaction, people wouldn't risking their money and business for something that is not yet reliable.

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[Winterfrost]

The evolution of money has been rise and fall and the current mainstream money that is in use is a fall. Except that there is this Bitcoin thing which serves as a better alternative right now, the present time actually has a money that is a trash, backed by nothing but fiat, an order coming from the government which, if not so powerful and forceful, won't certainly be complied with.

When the trend became fiat money, Switzerland became the last to jump on the bandwagon. As a result, its money held value and respect, of course until the country itself joined the fiat gang.  

Don't just follow the trend. That's a sheep mentality. Don't just blindly fall down the cliff with the rest.

Why fall? We may not like the evolution or new form of money but their function is still the same as the previous one. So instead of complaining, I think it's best to just embrace them and be thankful that we still have a money to use and our life is still easier as compared to before where money is not yet invented. BTC is different as it was a crypto and yeah, it is not bad.

We already know why, traditional money is backed by someone or something, and that is the banks, and/or the governments. And again like I said earlier, it wasn't a trash. To be clear, I'm no way of defending it, but I only say what I think is a fact. After all, I'm mostly with the side of BTC.

Fair enough, i dont really care if digital money will remove traditional money from the financial system. IMO, the both of them are still necessary. This is because when personally i need cheques to pay for some certain things like my rent and petrol as most of the services owners do not accept any form of digital money. Also i need to digital money for shopping and storing of value. It really falls down to personal preference and state of the country.

There are many countries that has accepted digital money, which has led almost al business owners to accept it as a means of payment. Although there are different circumstances for different countries. While enjoying these benefits, there are some exceptions or limit they can use the digital money. One limit is that you you cant be offered any bank certificates and statements for visa applications and exchange of into cash. Because the digital bank do not support this since your digital money is stored in a digital bank.

So its best to do it this way. One traditional and one digital for storing value.

[kingvirtus09]

I think the world itself does not evolve; what does evolve is that with each passing year, people discover new investment things that will help our generation.

It's just like the technology we have today; if we don't keep up with it and use it, time will really leave us behind. It seems that we are in a new era for this generation that we are facing now. So if it helps, let's go together and use it.

[Casdinyard]

I say just do whatever you can to keep up with the trends in market and economics. It's so hard to stay on top of the trends even if you're chronically online and the worst part about this is that if you fail to catch up, you're doomed to fail. But every now and again people are given the chance to break the mold and set the tone for a market shift, just look at crypto and its leap-year trends, if you can't beat them, eat them basically. If you're not the trendsetter type however, just read on twitter and social media, you'd get important snippets of what's popping and what's popping off, what you should've invested weeks/months ago and what you should invest in now, among other information you might want to have.

Follow the trend but don't get lost in the process. We can have as much trends and money to make as we want, but you'd only have one You. Take care of it.

[doomloop]

Follow the trend, but never abandon the old tech completely until the new tech is laid and implemented 100%.

I used to just carry cash wherever I go. I find it convenient to pay with physical cash and receive change. Cash is accepted everywhere, that's why they say, 'cash is king.' But nowadays, I also use digital wallets to pay for things that I buy. Given that I always carry my phone around, and it's not hard to find a place that doesn't accept such method of payment, it's convenient and fast compared to cash.

Then again, if I only use digital payments and not carry cash, there could be instances wherein I'd be stuck in a place wherein digital payments are not accepted. Public transportation here in the Philippines still don't implement digital payments fully, and it's one of those things that could take advantage of the growing number of digital users. But they couldn't, as most of the operators and drivers of public transportation are old and do not trust digital payments just yet.

It will take time before cryptocurrencies get understood and embraced by economies. The first transition would be digitization of cash, followed by embracing the truth that cryptos are here to stay.

I agree. The economies and the form of money and payment methods will always keep evolving and people will be compelled to accept the chances because they will have no choice. However, as you said, one shouldn't abandon an older method before the new ones are totally in circulation and use. You can't stop having or carrying cash as long as it is not confirmed that the places you are going to accept cashless payments so that you can get your work done without any problems.

Those who are not ready to accept changes because they are afraid or don't feel confident will have trouble. Imagine the world going cashless, no place accepts cash anymore because all the transactions are done digitally either with banking apps or cryptocurrencies, and some people are not ready to accept this, what choice do they have? None, and they will eventually have to accept the reality and adapt to the changes.

[Captain Corporate]

A good example is a friend of mine who opened up a fiverr account for basically anything AI related, he was a "mathematician" by education, studied mathematics at college, we grew up together but haven't really seen him for years, but we still talk online. Dude opened up a fiverr account and then grew his business to other service based places too, where he would sell anything regarding AI, and kept improving himself too, from images to text to videos to anything you can think of, and his main money maker was coding. Dude literally used AI to provide full service, and his selling point was "I can use AI better than you, so hire me and I will use AI amazingly to help you with what you need from an AI" type of thing. He did make his entirely yearly salary in under a month thanks to that, been doing that for months now, he made more money than his entire career of 10 years, he evolved with the trend.

[_BlackStar]

A good example is a friend of mine who opened up a fiverr account for basically anything AI related, he was a "mathematician" by education, studied mathematics at college, we grew up together but haven't really seen him for years, but we still talk online. Dude opened up a fiverr account and then grew his business to other service based places too, where he would sell anything regarding AI, and kept improving himself too, from images to text to videos to anything you can think of, and his main money maker was coding. Dude literally used AI to provide full service, and his selling point was "I can use AI better than you, so hire me and I will use AI amazingly to help you with what you need from an AI" type of thing. He did make his entirely yearly salary in under a month thanks to that, been doing that for months now, he made more money than his entire career of 10 years, he evolved with the trend.

Of course - content creator is one of the job trends that is increasingly sought after by young people today. Many young people make more money in these fields - they are even more successful than their parents in terms of monthly income. The essence of the whole story is that trends are opportunities that must be exploited. Bitcoin can also be considered a trend - so of course people should be able to take advantage of what it has to offer the community.

Cryptocurrency in general is the best investment target for some investors. They can exploit their price volatility to earn returns - but of course crypto is more than just an investment tool as some of them have real use cases as money or a means of payment.

[flyingcarpet]

Follow the trend, but never abandon the old tech completely until the new tech is laid and implemented 100%.

I used to just carry cash wherever I go. I find it convenient to pay with physical cash and receive change. Cash is accepted everywhere, that's why they say, 'cash is king.' But nowadays, I also use digital wallets to pay for things that I buy. Given that I always carry my phone around, and it's not hard to find a place that doesn't accept such method of payment, it's convenient and fast compared to cash.

Then again, if I only use digital payments and not carry cash, there could be instances wherein I'd be stuck in a place wherein digital payments are not accepted. Public transportation here in the Philippines still don't implement digital payments fully, and it's one of those things that could take advantage of the growing number of digital users. But they couldn't, as most of the operators and drivers of public transportation are old and do not trust digital payments just yet.

It will take time before cryptocurrencies get understood and embraced by economies. The first transition would be digitization of cash, followed by embracing the truth that cryptos are here to stay.

I agree. The economies and the form of money and payment methods will always keep evolving and people will be compelled to accept the chances because they will have no choice. However, as you said, one shouldn't abandon an older method before the new ones are totally in circulation and use. You can't stop having or carrying cash as long as it is not confirmed that the places you are going to accept cashless payments so that you can get your work done without any problems.

Those who are not ready to accept changes because they are afraid or don't feel confident will have trouble. Imagine the world going cashless, no place accepts cash anymore because all the transactions are done digitally either with banking apps or cryptocurrencies, and some people are not ready to accept this, what choice do they have? None, and they will eventually have to accept the reality and adapt to the changes.

Instead of using the new or old method, it makes more sense to act according to where you are going or shopping and prepare a plan accordingly. If you give cash to a business that doesn't accept cash, things won't work out, but if you know in advance that this business doesn't accept cash, you won't face such a problem. It is not possible to know which method all businesses use, but you can make a general conclusion by looking at the majority of them.

Change is inevitable and everyone needs to keep up. Cash will remain relevant for a long time and there is no need to think too much about it. When we keep up with innovations, we can move forward without any problems when we encounter these innovations.

As a result of the examples you have given, being ready to pay both in cash and digitally will save us from many problems.

[Razmirraz]

Technological developments have changed the landscape more quickly and given new nuances to every life. Following world developments in the flow of technological developments will have a positive effect, you can develop creativity, innovation and good relationships with people who often share experiences by utilizing technological developments. Mind set must be able to change to keep up with the times, when the Covid 19 pandemic occurred throughout the world, many employees did their work at home. If these people do not adapt to current developments, they will have difficulty carrying out office tasks.
Albert Einstein once said, education is not learning facts, but training to think. So when you are able to think realistically it will be the main capital when times have changed.

[tjtonmoy]

You should not propose a solution to something when there's no problem to begin with. There's already a way of dealing with this thing. People are comfortable using it and they will most likely stick to it. When we talk about advanced technology, we need to understand that there are people incapable of using them. For them, we need to have the option which they are comfortable with using.

We adapt to the situation slowly. To get adapted to the new technology, it will take time. Meanwhile, we need to co-existence of both the old ones and the new ones. If you can adapt to new things, you are just ahead of the curve. That's all.

[Accardo]

In most situations of life, it's not necessarily good to follow trends, but in terms of money changes, bitcoin is a type of currency to pay a close attention to, as it contains a different trend, in it. Although trends don't stay forever, that's why bitcoin shouldn't be seen as a trend, it's here to stay. Even most services pointed out by few members above, still isn't a trend. What is seen as trend are some business ideas that comes and pumps money for few months and then stops or maybe don't work anymore. Just like some online how to make money methods, that'll work for few months and doesn't pay anymore. Same is also applicable to offline businesses. It's important to invest our time on something unique and would work for years. Not just following any trend that pops up. Choices like that have made people lose out on their money. The worlds still sees digital money as a trend, same way they once categorized the internet as one. Along the line, internet proved to be so great and everyone hopped onto the technology. Most people who don't use digital money, has trust issue. Since no actual body would be held responsible for the lose of their money, if such happens. And scam stories are flying all over the web about people losing funds via digital money. Digital money like bitcoin still has to prove to the wide world that it's here to stay, and won't disappear one money like liberty reserve did. Those experiences has made lots of internet users not to venture into digital money. Soon, the next generation will begin to adopt digital money and evolve with it, but for the older generations, I don't think they can easily switch their minds.  In a nutshell, calling bitcoin a trend, isn't correct. Bitcoin is here to stay.

[Chilwell]

My point is, we're not going to sleep one night and wake up the next morning in a completely digital era where every transaction is digital and cash is no longer needed. It's not going to happen within a year.
It is a phase and we have already started evolving to that point, it may not happen in our lifetime or in this century, but it would happen and nobody would be left behind.

It can't happen overnight, but we know that digitalisation of money is very close, but even if it happens now, it will only reduce the cash, but it can't be taken away completely due to the fact that, not even 50% of our country's population has a bank account, last year our country participated in cashless policy, people in rural areas really suffer because they lack digital knowledge, the cost of food stuff and other agricultural products decreases, during that time, individuals must trade what they have for what they need, which means they must tell the buyer what they require and then rely on the buyer to provide the item they require, such as building materials and other necessary things they need.

The world's development revolution will continue to change due to balance and usefulness. like the digital crypto world, many projects are now being created to be useful for humans, in terms of being part of an investor, using this technology and so on. The progress of the next era will be more sophisticated so we have to keep up and know

Certainly, many countries must adapt to global development if they are to grow quickly enough to compete with the rest of the industrialized world. We are living in a technological era in which human labor will be a thing of the past, as if it never existed.

[Dunamisx]

We need to caution ourselves, when the world is evolving, it's not everything that we need to get involved in with, we have to sit and look forward to what and what are the conditions attached to the trends before we join, there are some unprofitable dealings we need to always avoid because at the end, everything will just turned a wasted efforts because they are not going to pay us, therefore, we must analyze the conditions attached to every decision we are taking before making an assumption on going for them all in the name of others are into the same thing.

[_BlackStar]

Technological developments have changed the landscape more quickly and given new nuances to every life. Following world developments in the flow of technological developments will have a positive effect, you can develop creativity, innovation and good relationships with people who often share experiences by utilizing technological developments.

Hmmm - lots of people want to do it, but it's hard to get it all the same.
It all depends on how interested they are - of course if they consistently do it and continue to improve their abilities then financial success can be achieved with technological developments. Positive impact is the consequence - but not everyone can do it, some will give in to their inability.

Albert Einstein once said, education is not learning facts, but training to think. So when you are able to think realistically it will be the main capital when times have changed.

It's always easy to say it like that - in fact you can repeat it thousands of times a year. But every human being has their own level - so the journey will never be the same even if it is on the same road. Realistic thinking is right - it must be worth it with each person's brain capacity and also their skills in exploiting opportunities.

[Captain Corporate]

Of course - content creator is one of the job trends that is increasingly sought after by young people today. Many young people make more money in these fields - they are even more successful than their parents in terms of monthly income. The essence of the whole story is that trends are opportunities that must be exploited. Bitcoin can also be considered a trend - so of course people should be able to take advantage of what it has to offer the community.

Cryptocurrency in general is the best investment target for some investors. They can exploit their price volatility to earn returns - but of course crypto is more than just an investment tool as some of them have real use cases as money or a means of payment.

I think when you consider how the fast AI world is evolving, it is clear to me that something that merges the upcoming AI evolution and also cryptocurrency world together will definitely do something that would benefit everyone at the same time. We need to realize that there is a huge huge power there, I have seen some amazing stuff that is getting to a point where its going to be something that will benefit. Think about how much we could use from the AI world to end up helping the crypto world that will be awesome. I understand it may not be easy or anytime soon and that may end up having some insane increases, its not going to be quick and big, but gradually it will be awesome, and these people who follow the trend will make so much profit.

[mirakal]

Well fast forward to today where digital currencies like Bitcoin are stealing the spotlight, it’s like our money is gone all high-tech.But tech innovation is normal right? Jumping into the digital money game seems like a good move, but while it's convenient, we have to watch out to expand our knowledge like privacy concerns and security issues hanging around. Scammers innovate too.

They say learn to ride with the trend and take advantage of every innovation that will let you live your life more convenient and satisfying. Which means, you need to upgrade your knowledge as well and if privacy and security are what it takes to safely adopt those innovations, then be more vigilant and cautious to whatever important transactions you made online. The internet world is probably the home of the scammers nowadays, deal it wisely and smart.

While innovations are great to live life's at its best, but we should also learn not to speed up on its adoption as they can be sometimes do harm to us. Take it slowly until you can finally say that you're capable enough to adjust and deal with the current trends and innovations with confidence and positivity.

[boty]

I think the world itself does not evolve; what does evolve is that with each passing year, people discover new investment things that will help our generation.

It's just like the technology we have today; if we don't keep up with it and use it, time will really leave us behind. It seems that we are in a new era for this generation that we are facing now. So if it helps, let's go together and use it.

Those who can take advantage of technological developments well will of course be able to develop in the face of technological developments, every change that occurs will certainly have good and bad things for human life and those who can find good things will certainly make them better in life. those fields when choosing to use them.

[EarnOnVictor]

I think the world itself does not evolve; what does evolve is that with each passing year, people discover new investment things that will help our generation.

It's just like the technology we have today; if we don't keep up with it and use it, time will really leave us behind. It seems that we are in a new era for this generation that we are facing now. So if it helps, let's go together and use it.

You are saying the same thing that you are trying to rebuff, the world is revolving and the proof is what you just narrated yourself, no difference at all. There could be limits and the extant might be very little elsewhere but the fact remains that where we are in terms of development in the world in the last 100 years is not where we are today, and that makes the difference.

Exposure and technology have helped us so well and they will continue to help us, but I hope one day, technology is not what will destroy the world...lol. Some advances could be very scary, which is why I am still sceptical of AI development to be precise, I see more issues later than advantages and I hope that world leaders will continue to hold their meetings regularly in the bid to find a common ground that will help the entire world to regulate it right.

Also regarding investments, we should still thank technology, nothing would have advanced in investment this much without it. And I implore everyone and countries to continue to find a means not to lag behind, it's important.

[Nheer]

Why’d you think trade by barter working successfully back in the day is surprising? And corruption, being way older than paper money itself won’t suddenly go away with the end of the reign of paper money being used as a means of exchange.

Even before paper money was invented, corruption has long existed, and it is now more ingrained in human nature and will be challenging to eradicate. Corruption involving paper money or digital currency won't go away in fact, if digital money takes over, it would get worse as it would be simpler to steal money because it can't be linked to a specific individual and banks wouldn't be able to freeze accounts or recover funds.  

In my opinion, nothing is truly certain except death of course. So the future where you say all financial transactions would be done only digitally without paper money is still far off and not entirely clear. Of course, it would be advisable to embrace change when it comes.
The economy of a nation is determined by what it produces and exports. And that in turn gives the boosts the nations finances.

I agree with you that digital currencies are a long way from becoming a general worldwide currency, and the chances of that happening are still uncertain. When comparing digital currencies to paper money, it is clear that digital currencies need to be improved before they can fully function as the exclusive method of exchange. I believe the world is changing and that the moment will come when many people will have no choice but to welcome the change.

[AnonBitCoiner]

Those who can take advantage of technological developments well will of course be able to develop in the face of technological developments, every change that occurs will certainly have good and bad things for human life and those who can find good things will certainly make them better in life. those fields when choosing to use them.

Technologies are getting better day by day and as the time passes new techniques comes into origination therefore all those who follow the same techniques which are followed by everyone will be successful and those who sticked to older Technology will not be much successful because previous Technologies are not so beneficial as that is bitcoin. Previously people choose gold for investment but now people are in modernism so they want big amount of profit which is only possible with bitcoin and also they move towards digital world as everything become easy with the help of modern technologies.

Every technique has its own risk and benefits but the wise person will fully concentrate on how to take benefit but the foolish person will think about disadvantages and then will leave modern technology by saying that it is risky. What is here which is 100% guaranteed in this world? Nothing such field exists therefore removing of useless thoughts are necessary if a person wants profitable results.