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Author Topic: When the world is evolving, follow the trend.  (Read 846 times)
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December 01, 2023, 09:05:56 AM
 #41

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.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 01, 2023, 02:02:37 PM
 #42

One thing to keep in mind is that when you follow a trend, you've to make sure that you're not just blindly following those trends, you also have to be smart and know if the trend that you are following is a stupid one or not. You don't want to end up doing stupid stuff that could've been avoided if you didn't follow the trend. Keep an open mind but be mindful of what you're letting in because if you're welcoming all of it then you will probably end up not accomplishing anything because new stuff are pumping out daily so choose what's best for you and what you think is worth your effort and time.
I agree in this case, or in other words, we must be smart to filter or choose the trends to follow. If the trend we think is a futile trend, then I'd rather just know the trend without following it. Especially in this day and age, there is a lot of foolishness from the emergence of trends. In my own neighborhood, there are many strange and stupid trends, I mean there are things that are more useful than following the trend.
So the conclusion is the same as what you said, we should not blindly follow a trend.
This is right. Let me add to it.  Not all trend should be followed. A trend that works for Mr.A may not work for Mr.B. It is better to choose a trend that matches your niche. Only throught that way you could be suucessful. Not because everyone is being succesful in a particular trend then we rush into it. It may not favor us. But if it is what you can be able to learn or your takent. It will be easy for you to prosper in it.

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December 01, 2023, 02:46:02 PM
 #43

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.

All of this must be balanced with sufficient knowledge, otherwise it is only a loss that we will get. The presence of Bitcoin has provided opportunities in terms of the economy, through an investment made in bitcoin. And at this time the crypto money trading market is getting crazier every day along with the number of investors and the value of transactions continues to grow. In making investments both in bitcoin and in other things, this can be profitable and can be unprofitable. depending on one's ability to make these investments. If someone has a good ability to invest, has sufficient knowledge and has good financial management, then someone will always be able to have the opportunity to get profit in the investment he makes.

However, if someone is just following the trend, because this krypto investment is again buming. if without sufficient knowledge and experience, as well as good financial management and risk management, then everything will only end in a loss.

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December 01, 2023, 03:08:36 PM
 #44

The world is changing, but the fundamentals remain the same, as knowledge increases so we come about new discoveries, but what powers these new discoveries is still the raw materials in the earth, a lot has been said about Russian economy and people talk about the Oligarchies, where do people think they make their money from? Raw materials and these are what the Russian economy is based on, not that they do not have robust IT group, they do but the IT guys in the West have achieved Celebrity status and thanks to the stock market and most people think this is the only way to make money. Just look at the fight for rare earth metals between the United States and China, these are raw materials and the demand for them is going to keep increasing. The more things change, the more they remain the same.

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December 01, 2023, 03:21:27 PM
 #45

You really need to break up that WALL of text into paragraphs, because it is tiresome to read it... and a lot of people will not even attempt to read it. Imagine talking with someone in real life and not even stopping to take a breath.  Roll Eyes

In any way... I read through it and I get what you saying.... but let's not forget that most transactions have been digital for years now. Most countries have shifted away from cash and people are using debit and credit cards for most of their transactions or they use them online.  Tongue

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December 01, 2023, 04:16:11 PM
 #46

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.

All of this must be balanced with sufficient knowledge, otherwise it is only a loss that we will get. The presence of Bitcoin has provided opportunities in terms of the economy, through an investment made in bitcoin. And at this time the crypto money trading market is getting crazier every day along with the number of investors and the value of transactions continues to grow. In making investments both in bitcoin and in other things, this can be profitable and can be unprofitable. depending on one's ability to make these investments. If someone has a good ability to invest, has sufficient knowledge and has good financial management, then someone will always be able to have the opportunity to get profit in the investment he makes.

However, if someone is just following the trend, because this krypto investment is again buming. if without sufficient knowledge and experience, as well as good financial management and risk management, then everything will only end in a loss.
Experts in this world always give birth to new innovations, making developments in the era very rapid. In terms of the economy, this is also the case and we must always be sensitive to it to strengthen our respective foundations. Yes, knowledge is very important to do certain work, especially when it comes to investment. Until now, the development of digital currency is very rapid and quite a lot of people who have large capital have even invested their capital in cryptocurrency and of course they have done some research before actually getting involved. I think we should always learn and keep learning to follow trends but if something is done hastily then destruction will come to us.

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December 01, 2023, 04:33:06 PM
 #47

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.

Very nice. because this is the most enjoyable pool for them to bathe in. Yes. The digital world is very fragile. If we are careless and run into problems, there is no mercy. Email us our wallet. Passwords and passwords for house keys if everything is detected is like throwing money in an old well. and we don't know when they will stop.

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December 02, 2023, 01:20:08 AM
 #48

One thing to keep in mind is that when you follow a trend, you've to make sure that you're not just blindly following those trends, you also have to be smart and know if the trend that you are following is a stupid one or not. You don't want to end up doing stupid stuff that could've been avoided if you didn't follow the trend. Keep an open mind but be mindful of what you're letting in because if you're welcoming all of it then you will probably end up not accomplishing anything because new stuff are pumping out daily so choose what's best for you and what you think is worth your effort and time.
I agree in this case, or in other words, we must be smart to filter or choose the trends to follow. If the trend we think is a futile trend, then I'd rather just know the trend without following it. Especially in this day and age, there is a lot of foolishness from the emergence of trends. In my own neighborhood, there are many strange and stupid trends, I mean there are things that are more useful than following the trend.
So the conclusion is the same as what you said, we should not blindly follow a trend.
This is right. Let me add to it.  Not all trend should be followed. A trend that works for Mr.A may not work for Mr.B.

there are three people in the world: those who are bent on following what they have been used to following for the longest time; those who hop on every single trend blindly; and those who keep an open mind while being critical of their surroundings and innovations

the last type of person is the most likely to succeed the world is ever-changing and as humans, one of our biological characteristic that makes us unique is our ability to adapt to our environment for survival we change our way of living depending on what kind of environment has formed around us for protection and prosperity

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December 02, 2023, 01:46:27 AM
 #49

One thing worth noting is that not every shiny new thing is worth embracing. Sometimes we must scrutinize each aspect to see whether the thing is worth continuing. What is on OP's post also outlined about the adaptability in the progress of humanity. It shows how we carefully select and develop a way of payment. Right now, digital currency or digital way of payment seems like our future, and it is inevitable.

The problem is one thing that we must collectively think is about privacy. This aspect pertains to many past modes of payment, but digitally, it must be traversed into a centrally controlled authority, with bitcoin as an exception of course. So this shows one essential feature that must be considered by all of us, instead of just merely following the development or trend, we should consider its consequences.
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December 02, 2023, 10:56:27 AM
 #50

Well when the world is evolving we have to evolve ourselves and praise the new introductions. Otherwise we would be out of the race and cant fit in. I have seen this type of adoption in my parents. A very good example is how they have seen from world war, change in education system, taking over country, the independence and then forming the new government.

Whether it’s new reforms in governing approach or the economics everything was immense since a century. Peeps adopted to it. Whether it was simple dial wired phone to today wireless 5-6G band phones we have seen big adoption.

If we put forth this story at work in terms of economic reforms then yeah I’m sure things will change to new systems soon.

Already we are seeing major adoption of digital payments Systems. Who knows in the future physical currency will be out of circulation and only digital payments will be available. That might just huge crypto System a chance to work concurrently if not fully adopted.
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December 02, 2023, 06:01:24 PM
 #51

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.

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December 02, 2023, 08:20:22 PM
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 #52

Experts in this world always give birth to new innovations, making developments in the era very rapid. In terms of the economy, this is also the case and we must always be sensitive to it to strengthen our respective foundations. Yes, knowledge is very important to do certain work, especially when it comes to investment. Until now, the development of digital currency is very rapid and quite a lot of people who have large capital have even invested their capital in cryptocurrency and of course they have done some research before actually getting involved. I think we should always learn and keep learning to follow trends but if something is done hastily then destruction will come to us.
Continuing to learn every new thing to be able to follow trends has become the best option for everyone in adapting themselves to new trends by continuing to pay attention to important sectors such as investment and also other important sectors within the reach of the economy from all directions. Experts who are able to produce new innovations every year have also been used as important examples for people who are unable to understand the economy more broadly. So they are also often an important discussion for most people nowadays.

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.
Because fraudsters have also created their own innovations in order to deceive many people, we just need to take care of ourselves so that we don't believe too easily in other people's news and invitations if we still don't know that person. Especially when it comes to the crypto space, which until now has become a very good field for making money for everyone who really understands cryptocurrency and the market.

Bitcoin has opened everyone's eyes with technology enough that people who have become fond of Bitcoin have also realized that fiat money is only useful for buying things without any other use. Meanwhile Bitcoin has become very useful in several ways and one of them is things like investment and can also be used to pay for goods in certain countries such as El Salvador.

Very nice. because this is the most enjoyable pool for them to bathe in. Yes. The digital world is very fragile. If we are careless and run into problems, there is no mercy. Email us our wallet. Passwords and passwords for house keys if everything is detected is like throwing money in an old well. and we don't know when they will stop.
In fact, in all work sectors, everyone cannot be careless or negligent in protecting something that is considered important. Moreover, this work is related to the digital world which is always quite vulnerable to fraud if we are not aware of it very well. So things that are considered important really need to be taken care of and each of us must not be careless in any case as long as it is related to money or related to how to get money.

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December 02, 2023, 09:42:10 PM
 #53

It’s not just in the angle of finance where barter has evolved to cryptocurrency. This is something that is general and for everyone. As the earth rotate and revolves, it doesn’t get any younger; ideas are born, innovations are built. And the way to not be old school is by staying up to date either by learning about the new updates or even utilizing it. I once used a photography job to explain this, where we used to have those old bulky cameras that prints pictures in black and white, and how we now have digital cameras with which pictures are faster, easier, and better quality. If you don’t adapt, you’ll be out of business.



 

 

 

 

 

 


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December 03, 2023, 01:23:19 AM
 #54

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.

This is exactly the kind of mentality that encourages the powerful elites to continue to subdue the ordinary people. This is slave mentality. To just embrace what is imposed on you however unfair it may it be makes you an animal without dignity. You are making yourself a docile creature incapable of reason, and resistance should there be a need.

Why not complain when the money that we have now is a joke? Why is this fiat currency not a fall in the evolution of money when it is backed by nothing but the mere hollow words of the rulers? Is this not a fall from the gold standard of money?

Are you sure you're a Bitcoin supporter while embracing and be grateful of the kind of money that you have right now?

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December 03, 2023, 03:13:51 AM
 #55

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

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December 03, 2023, 04:03:36 AM
 #56

  With each passing year, there is actually an upgrade in things. Before,  there was no internet, but now it has become a necessity and part of the economy of every country because it helps a lot. What we used to only think of as work in companies and businesses that will be built online today can earn money even at home and also have an online business.

  This is what the new technology that we are facing today can do; if you don't keep up, I also believe that time will really leave you behind. It seems that people are moving forward in life, but you will still be stuck in poverty.

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December 03, 2023, 07:54:13 AM
 #57

From time to time technology continues to develop rapidly, especially in things that can help and make things easier for many people. And we have to adapt to this and we have to recognize it, learn it so that we have the ability to do it, what else is profitable and useful for us.
And if someone does not follow technological developments then we will experience difficulties in adapting to existing changes, or changes in the environment due to this technology and any technology. Because most technological developments provide many benefits and also provide convenience, we must continue to make changes.
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December 04, 2023, 01:36:42 AM
 #58

Those who can accept technological advances well at this time of course the life they lead will be able to make it easier for them to reach it, for now someone can easily transfer their money to their destination just by using their cellphone and also at that time, Previously, someone who wanted to send money had to go through a bank and this took up a lot of time, but for those who cannot accept the current situation, their life is certainly very troublesome.

Corrupt behavior by several elements in the government will certainly hamper economic growth in the area. It has become their habit not to advance the economy which is their responsibility, but they only take all the profits from the positions they occupy and do not think about the interests of the community.
There are many things if we want to talk about technological progress and that is just a small example that you conveyed, but there are many other examples that if someone is not able to adapt to technology, they will be further left behind. Technology also encourages a person to develop, let's take an example when people develop a business, if they are able to utilize technology they will easily reach consumers and compared to before, technology can help develop a person's business to be more advanced and developed.

Corrupt behavior is an irresponsible act and is carried out by a few people who do not have ethics in taking care of their responsibilities and a corrupt government is a system that fails to maximize its power. There is no progress in a corrupt government system because they will only enrich themselves rather than try to develop the people they lead.

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December 04, 2023, 02:31:50 AM
 #59

From time to time technology continues to develop rapidly, especially in things that can help and make things easier for many people. And we have to adapt to this and we have to recognize it, learn it so that we have the ability to do it, what else is profitable and useful for us.
And if someone does not follow technological developments then we will experience difficulties in adapting to existing changes, or changes in the environment due to this technology and any technology. Because most technological developments provide many benefits and also provide convenience, we must continue to make changes.
Adapting can be a very difficult process for some, and I would think the particular period in which we live is probably one of the worst when it comes to this, since the world is changing at an impressive speed and by the time you get used to some of those innovations, we are hit with many more and now you need to learn to adapt to them too.

So at some point those which cannot keep with the changes give up and prefer to just keep their old ways, something that is especially true for the elderly as they get tired of this process that requires from them to reinvent themselves all the time.

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December 04, 2023, 07:32:56 AM
 #60

  It is very much advisable that digital economy should be embraced, no one would want to be caught naive when the world evolves fully. One thing is certain that a time would come where all financial transactions would be done digitally and there'd be no hard note transaction, at that time, it'll be difficult to secure an asset for oneself so it's very much best to start now that its still being nurtured. The economy of a nation balls around the financial impacts. Leaving aside the current corruption, we see that there's a difference between the economy of the past and now, we can see how steadily the evolution of money has been.

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.
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