Digital Economy | Bitcointalksearch.org

pusaka

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Quote from: Nanga Parbat on November 21, 2024, 03:23:03 PM

Quote from: pusaka on November 20, 2024, 11:07:44 AM

Following the development of the times is something that must be done by everyone, including in the business world, including digital business. I agree that a business will go bankrupt if they do not follow the flow of development.
Some time ago in my country, many people complained because their sales decreased drastically due to the existence of e-commerce or online shops. Well, this is an example of where when we do not follow the development of the times, then we will also be dominated by the times.
Like it or not, we must continue to adapt to any situation and we must always be in a condition that is always ready for the changes of the times.

You are absolutely right. Before 50 years ago nobody thoughy that time will come when people will earn by computer and mobile . Many freelancers are earning in thousands of dollars per month which is good income and many are earning by doing investment in coins and they but these coins when market is all time low and then they do patience and after when market go to all time high they sell these tokens then they become ready to invest another coin . The point is that next 100 years will be more advance and new generation will earn by different ways and we will see more millionaires in the future as comparison to today.

Yes, maybe we feel that in this era we are very modern, but if we compare it with 50 years ago. However, let's compare it with the next 50 years, maybe now we are considered an era that has just transitioned to being advanced. We don't know what will happen in the next 50 or 100 years, it might be more than what we imagine now. Don't talk too far about the next 50 or 100 years. We only need to look back 10 years when bitcoin was just created. Many people don't believe in bitcoin and even think bitcoin is a scam. But we can see now, even bitcoin has become a favorite for everyone. This is an example and in just one decade we have been able to go this far, and what if it is longer.

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Quote from: pusaka on November 20, 2024, 11:07:44 AM

Quote from: Samlucky O on November 19, 2024, 08:44:02 PM

Or should i say they will be outdated and non productive if they are not on the internet. Any business that refuses to adapt to the new Tech will late incur the roght of setback. As the world is evolving with new tech, we should also be able to embrace it or choose to follow a lonely or outdated pattern. I could see so many businesses people who has remain stagnant over some decades now and it's as a result of the inability to embrace new tech. But however there may still be people who does better even without the internet facility, but they are likely to be few.

Following the development of the times is something that must be done by everyone, including in the business world, including digital business. I agree that a business will go bankrupt if they do not follow the flow of development.
Some time ago in my country, many people complained because their sales decreased drastically due to the existence of e-commerce or online shops. Well, this is an example of where when we do not follow the development of the times, then we will also be dominated by the times.
Like it or not, we must continue to adapt to any situation and we must always be in a condition that is always ready for the changes of the times.

The example you gave is correct, my friend, the point is when we cannot balance ourselves to keep up with the times, then of course we will be left behind or experience a decline in any aspect, one of which is that the competition is now very tight, namely in the business world, so actually even though we have succeeded in building a business in the sense that it is already running and has generated profits, it does not mean that the situation will continue to be like that.

Basically we have to be aware that there are many competitors out there who may be smarter or who have prepared everything much more maturely than us, this is a big challenge for a businessman in the sense that if you really want your business to continue running or maybe grow faster then inevitably the first thing you have to do is conduct market research to find out which ones are more in demand by many people such as creating a more accessible space for potential customers such as the online store mentioned above or other things. The point is being smart is not enough in business but you also need to be smart.

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Quote from: pusaka on November 20, 2024, 11:07:44 AM

Quote from: Samlucky O on November 19, 2024, 08:44:02 PM

Quote from: tabas on October 25, 2024, 11:54:25 PM

The digital economy is such a big industry and I've read some quotes in the past that if a business is not on the internet, soon, they'll be out of business.

Or should i say they will be outdated and non productive if they are not on the internet. Any business that refuses to adapt to the new Tech will late incur the roght of setback. As the world is evolving with new tech, we should also be able to embrace it or choose to follow a lonely or outdated pattern. I could see so many businesses people who has remain stagnant over some decades now and it's as a result of the inability to embrace new tech. But however there may still be people who does better even without the internet facility, but they are likely to be few.

Following the development of the times is something that must be done by everyone, including in the business world, including digital business. I agree that a business will go bankrupt if they do not follow the flow of development.
Some time ago in my country, many people complained because their sales decreased drastically due to the existence of e-commerce or online shops. Well, this is an example of where when we do not follow the development of the times, then we will also be dominated by the times.
Like it or not, we must continue to adapt to any situation and we must always be in a condition that is always ready for the changes of the times.

You are absolutely right. Before 50 years ago nobody thoughy that time will come when people will earn by computer and mobile . Many freelancers are earning in thousands of dollars per month which is good income and many are earning by doing investment in coins and they but these coins when market is all time low and then they do patience and after when market go to all time high they sell these tokens then they become ready to invest another coin . The point is that next 100 years will be more advance and new generation will earn by different ways and we will see more millionaires in the future as comparison to today.

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Quote from: Promocodeudo on November 19, 2024, 09:12:22 AM

In the recent time digitalization has been the other of the day, at this point any business large busines that has not embraced the said digitalization will find thereselves to be blamed, we're in the digital era as such businesses that are surviving now are in the digital setting, the economy of some countries have gone far in the aspect of digitalization, you have mentioned some benefit of digital economy which is very beneficial for the growth of a country financial system, things are done easilly and different when every thing is digitalized.

Though some country has not fully embraced this fully may because of their inability to understand the importance of it, communication across the globe is really improving and people are finding very easy to access some stuff in the internet space unlike before, development of different things that are helpful to humanity are on it's rise which one of the reason why their should be encouragement for this to take it's full stand globally. Bitcoin investment alone has shown how good digital assets are, so I believe by now individuals and institutions would have been doing the needful by investing and not being left out.

If they are already large, they can choose to stick with it and they can only ignore those people who blame them for not incorporating the digital trend. Those who are weak might have tried all what they can to save their business and among it is to join digitization. Luckily it help them somehow and they are still holding strong. Some things can still be done easily the traditional way and then not all wants to see a complete makeover of the product. It only gives them an awkward feeling, so don't say that those who didn't join the trend are illiterate. I think it isn't really BTC or the other, that shows how good digital assets are but it is the fact that they are digital.

pusaka

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Quote from: Samlucky O on November 19, 2024, 08:44:02 PM

Quote from: tabas on October 25, 2024, 11:54:25 PM

The digital economy is such a big industry and I've read some quotes in the past that if a business is not on the internet, soon, they'll be out of business.

Or should i say they will be outdated and non productive if they are not on the internet. Any business that refuses to adapt to the new Tech will late incur the roght of setback. As the world is evolving with new tech, we should also be able to embrace it or choose to follow a lonely or outdated pattern. I could see so many businesses people who has remain stagnant over some decades now and it's as a result of the inability to embrace new tech. But however there may still be people who does better even without the internet facility, but they are likely to be few.

Following the development of the times is something that must be done by everyone, including in the business world, including digital business. I agree that a business will go bankrupt if they do not follow the flow of development.
Some time ago in my country, many people complained because their sales decreased drastically due to the existence of e-commerce or online shops. Well, this is an example of where when we do not follow the development of the times, then we will also be dominated by the times.
Like it or not, we must continue to adapt to any situation and we must always be in a condition that is always ready for the changes of the times.

Gladitorcomeback

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Quote from: EarnOnVictor on November 19, 2024, 01:45:46 AM

It brings the market to you at your comfort and also sells people's products virally, especially if such products are truly needed by people, perhaps they solve problems or are needed or even cheap. Nothing can ever be compared to this because you might be at the remotest place in a very low-life environment and your products must have reached the entire world, which is awesome.

Digital marketing has truly revolutionized the way people promote their products and services. You are right about this. There used to be a time when companies and brands used to run commercials either on television on radio stations to promote their products and services, but today, they mostly use online marketing to promote these things, and it turns out to be much better when it comes to conversions because as you said, almost every other person in this world is available online these days.

One of the most significant advantages of digital marketing is that brands can do targeted advertising. In the past, when television commercials were very popular, brands couldn't choose their audience, and anyone watching a show or a channel would see their advertisement, which meant they didn't know whether the commercial would bring many customers or not, but this has changed now.

Brands run targeted promotions that only reach people who are interested in the products and services they are offering, which increases the potential of getting more conversions.

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Quote from: tabas on October 25, 2024, 11:54:25 PM

The digital economy is such a big industry and I've read some quotes in the past that if a business is not on the internet, soon, they'll be out of business.

Or should i say they will be outdated and non productive if they are not on the internet. Any business that refuses to adapt to the new Tech will late incur the roght of setback. As the world is evolving with new tech, we should also be able to embrace it or choose to follow a lonely or outdated pattern. I could see so many businesses people who has remain stagnant over some decades now and it's as a result of the inability to embrace new tech. But however there may still be people who does better even without the internet facility, but they are likely to be few.

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Quote from: uche6215 on October 25, 2024, 08:49:36 AM

Digital Economy entails the economic process that involves connecting peoples, business, information, data etc it involves the online transfer of information and transaction across multiple channels for the purpose of business growth and getting a wider market Base.
Some aspect of digital Economy includes
_E commerce
_ Social Networking
_ Digital Entanglement
_ AI Automation etc
In this present world economy there's need for companies to go digital with their business as their are allot of benefits attached to it, some importance's of Digital Economy includes
Reduced cost
A wider market Base
Increased productivity
Creates new Revenue streams
Access to more data
Improved customer experience

In the recent time digitalization has been the other of the day, at this point any business large busines that has not embraced the said digitalization will find thereselves to be blamed, we're in the digital era as such businesses that are surviving now are in the digital setting, the economy of some countries have gone far in the aspect of digitalization, you have mentioned some benefit of digital economy which is very beneficial for the growth of a country financial system, things are done easilly and different when every thing is digitalized.

Though some country has not fully embraced this fully may because of their inability to understand the importance of it, communication across the globe is really improving and people are finding very easy to access some stuff in the internet space unlike before, development of different things that are helpful to humanity are on it's rise which one of the reason why their should be encouragement for this to take it's full stand globally. Bitcoin investment alone has shown how good digital assets are, so I believe by now individuals and institutions would have been doing the needful by investing and not being left out.

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Quote from: Fortify on October 29, 2024, 03:27:40 PM

Quote from: uche6215 on October 25, 2024, 08:49:36 AM

Digital Economy entails the economic process that involves connecting peoples, business, information, data etc it involves the online transfer of information and transaction across multiple channels for the purpose of business growth and getting a wider market Base.
Some aspect of digital Economy includes
_E commerce
_ Social Networking
_ Digital Entanglement
_ AI Automation etc
In this present world economy there's need for companies to go digital with their business as their are allot of benefits attached to it, some importance's of Digital Economy includes
Reduced cost
A wider market Base
Increased productivity
Creates new Revenue streams
Access to more data
Improved customer experience

A digital economy is possibly the biggest advancement in human communication and commerce that has ever happened to us, however we need to be careful it does not get dominated too far by just a few companies. We already see what happens when companies like Amazon and Google suppress smaller rivals, it can stunt innovation because they use their near monopoly powers to hide anything they do not approve. However, staying positive - the internet has given people all over the world an ability to create new websites, which can grow into huge businesses with the right nurturing, and allows people in the remotest regions - when they gain internet access - to compete with others on the opposite side of the world and earn money to live.

As the internet is creating a stir around the world, it is also making great strides as a medium of communication for harmony across the globe. From Amazon to various online based websites of the world like Facebook, Wikipedia, YouTube, Google are all continuing their promotion through proper distribution at various levels. Currently, this campaign creates various business mediums, but the level of fraud is also increasing. If we look back a few years, we can see that people of that time, from the initial stages to all levels, exchanged everything through systematic agreements and there were no disputes. The people of those days have no idea about the digital technology mobile under their control, because they belong to the uneducated society of the villages in the remote areas. Now though digital marketing is moving into different sectors from small businesses that are technologically advanced by creating different platforms and thus continuing its momentum from internet supper services to urban areas and even remote areas.

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Look around you, you will realise that the world is digitised now, anyone still moving in an archaic way will only not revolutionize and might be primitive till others who just started today meet them there and even overtake them as if it was nothing. You can see how the digital market is doing in the e-commerce world, oh, that is brilliant!

It brings the market to you at your comfort and also sells people's products virally, especially if such products are truly needed by people, perhaps they solve problems or are needed or even cheap. Nothing can ever be compared to this because you might be at the remotest place in a very low-life environment and your products must have reached the entire world, which is awesome.

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While large firms are moving to digital solutions at a faster pace, 60% of them globally in 2022, the ability of smaller businesses to do so, especially in developing countries, is constrained by things like poor infrastructure and resource limitations. It is this digital divide that blunts the full benefit of digitalization-cost reduction and market expansion-for smaller players.

Also, digitalization, while forcing productivity and new revenue streams, presents risks such as increased cybersecurity threats. Cyberattacks have accelerated due to the growing expansion of digital services, for which stringent security measures have become necessary. Thus, digital transformation will actually be impactful when businesses handle these challenges, bridge the divide in the adoption of digital tools, and ensure it is inclusive in its growth.

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Quote from: N.O on November 01, 2024, 01:58:46 PM

Yes right. Digital currency has future and Bitcoin is one of the best digital currency of the World and that's why we are here on that platform. Here are more digital currencies which have bright future. One of the best cryptocurrency is Ton and it's price will pump is future and I think it will be future Bitcoin. Now people are investing is this and many airdrop are Ton based anc that's why it's demand is increasing and in the next few months it's price will touch to 100 plus dollars and investors will get huge amount of money from that investment. Now is time for next generation to invest in that because that is good opportunity for them.

Bitcoin is indeed part of the digital economy because it has made payments decentralized, cheaper, faster, and private compared to fiat. Investors are also taking advantage of its volatility to make gains. But your comments that TON will become the future Bitcoin is not true. Altcoins might have a few advantages but they cannot Bitcoin. Your prediction that Ton will get to $100 in a few months is also subjective. I don't see that altcoin getting to getting to that price anytime soon. The notion that investing in cryptocurrency is a pathway for quick money is also deceptive.

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Quote from: tabas on October 25, 2024, 11:54:25 PM

The digital economy is such a big industry and I've read some quotes in the past that if a business is not on the internet, soon, they'll be out of business. And that seems to be a true thing while for some chosen niches and industries, they can thrive even without the use of the internet and even if they can't go online/digital. While it's also being pressured because of the development and advancement of AI, I believe that this is where things are going to go into this digital and gig economy.

The economy is bigger than what we think and a lot of businesses are now going viral and their is no need to over think a situation like this and this is like a generational something so no matter how small your business might be all they need is to bring it only if I could remember some times ago WhatsApp was for fun and chatting but now they even have business WhatsApp to so that the social media is no longer for social activities but also for business issues so it is now a multi functional app.

The thing is that you have to watch other peoples business and see how they are improving so that you can learn from them because you can never know it all especially when it comes to adding so spices to your business so their is a lot to learn from it. You have to be able to advertise your business on every platform you have to make it look very presentable so that people will be able to patronize your business so everything about business depends on the business owner.

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The three key elements that allow businesses to stand out and thrive in this ever-changing landscape are innovation, data, and experience.these three axes help businesses in their digital transformation to stay competitive in an increasingly digital world. It’s all that’s needed to not only survive but thrive in a digital economy! A well-designed digital strategy allows you to seize the opportunities offered by new technologies, leverage data to improve performance, and create memorable user experiences. By adopting these principles, businesses can not only navigate the constantly evolving digital landscape but also excel in it.

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Quote from: tabas on October 25, 2024, 11:54:25 PM

The digital economy is such a big industry and I've read some quotes in the past that if a business is not on the internet, soon, they'll be out of business. And that seems to be a true thing while for some chosen niches and industries, they can thrive even without the use of the internet and even if they can't go online/digital. While it's also being pressured because of the development and advancement of AI, I believe that this is where things are going to go into this digital and gig economy.

Not necessarily that the business would fall,but there are some businesses that cannot survive or scale out without the use of the internet or digital exposure.Because almost every factor needed for it's growth lies in the hands of the digital presence it has.Its important for every business to have a social media presence;you won't want to miss out on the digital impacts over your business.

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Quote from: l99l on October 27, 2024, 12:36:42 PM

The digital industry is a very big sector and it is growing day by day, there are millions of people who benefit from it and improve themselves in this field.
Digital technology has many main components. Blockchain and cryptocurrencies are in this economy and I am happy to be here.
There are many more areas such as e-commerce and social media platforms or fintech. They are growing and transforming very fast, it is very important to adapt to these areas in our age.

Yes right. Digital currency has future and Bitcoin is one of the best digital currency of the World and that's why we are here on that platform. Here are more digital currencies which have bright future. One of the best cryptocurrency is Ton and it's price will pump is future and I think it will be future Bitcoin. Now people are investing is this and many airdrop are Ton based anc that's why it's demand is increasing and in the next few months it's price will touch to 100 plus dollars and investors will get huge amount of money from that investment. Now is time for next generation to invest in that because that is good opportunity for them.

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Quote from: davis196 on October 30, 2024, 06:22:34 AM

Reduced cost of what? Labor? High tech companies can be as bloated as the government agencies, in terms of staff and 'bullshit jobs".
Access to more data? What data are you talking about? Consumer data? Where can you get such data for free?
The online customer experience can be as bad as the offline customer experience. You are generalizing too much.
The digital economy has it's pros, but let's not put everything digital on a pedestal. The world still needs "brick and mortar" businesses.
OP, it seems to me that your forum post is copied from somewhere. What's the point of your forum thread? Posting generic stuff, just to boost your post count?

Unfortunately they do something like that when they do not even need it and I never understood exactly why. I am not saying that they need to be like 10 people, but I do not think why they are having tens of thousands of workers, when they can cut like half of the jobs and still work without trouble at all.

I believe these workers are basically trying to make themselves look very important for the job, and that is why things are growing, and whenever their managers ask for what they need, they probably ask for more people to work for them, to both limit what they do and relax more, but also make it look like they are doing a job for more than one person, causing the numbers to increase.

There are plenty of small shops where only one person works and they do fine, because they do not have the troubles of a big company, they make more money all by themselves than what those workers make in those companies, but they take more risks and responsibility as well.

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Quote

In this present world economy there's need for companies to go digital with their business as their are allot of benefits attached to it, some importance's of Digital Economy includes
Reduced cost
A wider market Base
Increased productivity
Creates new Revenue streams
Access to more data
Improved customer experience

Reduced cost of what? Labor? High tech companies can be as bloated as the government agencies, in terms of staff and 'bullshit jobs".
Access to more data? What data are you talking about? Consumer data? Where can you get such data for free?
The online customer experience can be as bad as the offline customer experience. You are generalizing too much.
The digital economy has it's pros, but let's not put everything digital on a pedestal. The world still needs "brick and mortar" businesses.
OP, it seems to me that your forum post is copied from somewhere. What's the point of your forum thread? Posting generic stuff, just to boost your post count?

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Quote from: Spaceman1000$ on October 25, 2024, 09:36:22 AM

Digitalization is one major way of spreading your business, especially in this social media age, the global community has been brought together through digitalization, products can be ordered by consumers from any part of the world and you will receive them from your dootsteps, no matter how far reaching you are. So far a country to move from analog to digitalization in terms of economy, it helps to track down data collection and revenue mobilization, hence a country can have an accurate database, accurate budgeting for infrastructure becomes easier. So far, the world has come to appreciate the Digital society and that's the way to go.

Digitalization is very important in today's world, especially in the business aspect. You need not complain of having a physical location before setting up your business currently. Social media is the new temporal office where you can sample your gifts and services and get patronage.

Virtual working environments have saved employers lots of funds for physical offices, people can work remotely and meet virtually for collaboration and reporting. The digital evolution is very instrumental to the stability and flexibility of all organizations that welcomes it

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Quote from: uche6215 on October 25, 2024, 08:49:36 AM

Digital Economy entails the economic process that involves connecting peoples, business, information, data etc it involves the online transfer of information and transaction across multiple channels for the purpose of business growth and getting a wider market Base.
Some aspect of digital Economy includes
_E commerce
_ Social Networking
_ Digital Entanglement
_ AI Automation etc
In this present world economy there's need for companies to go digital with their business as their are allot of benefits attached to it, some importance's of Digital Economy includes
Reduced cost
A wider market Base
Increased productivity
Creates new Revenue streams
Access to more data
Improved customer experience

A digital economy is possibly the biggest advancement in human communication and commerce that has ever happened to us, however we need to be careful it does not get dominated too far by just a few companies. We already see what happens when companies like Amazon and Google suppress smaller rivals, it can stunt innovation because they use their near monopoly powers to hide anything they do not approve. However, staying positive - the internet has given people all over the world an ability to create new websites, which can grow into huge businesses with the right nurturing, and allows people in the remotest regions - when they gain internet access - to compete with others on the opposite side of the world and earn money to live.

Topic: Digital Economy (Read 489 times)