This world is indeed very old. So humanity has gone through various eras and various trends. And one of them is exchange or transaction trends. Starting from bartering to the existence of currency and now there is digital currency. It has a very long and lengthy process.
And it's only natural that we have to keep up with current developments. Because don't be someone who is behind the times. But even so, you still have to be able to pay attention and learn first how the era is going. So in essence, if this era of digitalization can have a positive impact on life, then follow this era of digitalization. But if, for example, this digitalization era could have a bad impact, it's better not to follow it too much.
Topic: When the world is evolving, follow the trend. - page 5. (Read 846 times)
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.
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.
Over the times, the technology also developed. The development of increasingly sophisticated technology makes it easy for humans who live in modern era. Not willing to follow him, it means that humans do not want him to develop.
Previously the work system was manual, now it is very sophisticated so that doing work is no longer difficult. All transactions throughout the world can be done at any time in just minutes and everything is recorded.
Like the Bitcoin transaction system. People will get convenience without having to be afraid of conducting transactions and without having to involve other parties.
This is the biggest challenge for all levels of society, but because of generational factors, I think the younger generation needs to take charge of technological progress. With everything going digital and internet access becoming more evenly distributed, it will make it easier for anyone to take part in advancing the economy. When decentralization becomes the fastest option to catch up, everyone actually has the same opportunities and equalizes the playing field. As someone who lives in a rural area, internet coverage is somewhat limited so we must be able to utilize existing resources. The Digital Cryptocurrency industry and its risks are not easy to overcome, not only about super simple transactions, but limited resources are an obstacle. We are entering an era of betting with big risks, so when it comes to a developing world, we don't just follow trends but we must be able to play a role in controlling them to meet our needs. Previously the work system was manual, now it is very sophisticated so that doing work is no longer difficult. All transactions throughout the world can be done at any time in just minutes and everything is recorded.
Like the Bitcoin transaction system. People will get convenience without having to be afraid of conducting transactions and without having to involve other parties.
The moment you miss out on a global change regarding a particular sector, you have successfully put yourself at a disadvantage in the future. Technological advancement is happening at an increasing pace and if you don't follow up with the latest change in the way things are being done, you end up becoming very much irrelevant, and your service might not have much value in the current time.
The way of doing businesses has changed to a very large extent and those that haven't embraced this change will testify to the difficulty they experience when the try to come to term with the latest happening in technology and the various changes that has made digital marketing a must for most businesses.
The way of doing businesses has changed to a very large extent and those that haven't embraced this change will testify to the difficulty they experience when the try to come to term with the latest happening in technology and the various changes that has made digital marketing a must for most businesses.
In selecting the trend to move with you have to be very so trend will just put you in more shit in the financial aspect bitcoin has been one of the best innovations and a good trend to follow I see a lot of situations where people try to compare fait with bitcoin and we know that fait is the recognized legal tender with limited benefits compare to bitcoin that has a lot of open benefits and historically money started from exchange to gold to coin and then paper, gradually a new financial system is been generated along the line of a different generation, and before it was all fait and with bitcoin you can save, trade and get other benefits from it and I is decentralized and also transparent what more.
Even the way you address challenges in business is different and now you want to start up a business then you must use your initiative very well and think out of the box, if not when the storms come your business might not be able to withstand it.
When someone is unable to keep up with the times, what happens is that they will become increasingly left behind because technology is developing rapidly and there are many things that are starting to develop using digitalization methods. Currently we are in this condition, even though it is not yet fully digital, transactions at banks are also digital for now because there are types of digital service products that have been developed by banks through electronic channels without physical offices. Banks have not yet fully implemented electronic transactions because they still need physical money to meet the needs of society.
The economy will determine the extent to which the country has entered technological sophistication and for underdeveloped countries perhaps technology has not been fully distributed to all corners. Corruption or all forms of weak systems are corrupt behavior carried out by many rulers and this occurs in almost all developing countries, making it difficult to adapt technology to new challenges.
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.The economy will determine the extent to which the country has entered technological sophistication and for underdeveloped countries perhaps technology has not been fully distributed to all corners. Corruption or all forms of weak systems are corrupt behavior carried out by many rulers and this occurs in almost all developing countries, making it difficult to adapt technology to new challenges.
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.
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.
It is not advisable but more on a compulsory action that digital economy must be embrace. The development is alerady leading to that point. With the invention of the internet, it is known that the world is changing and emerging with digital space.
But I would say to not follow all trends because some are just bubbles that can burst anytime leaving people who follow them in devastation. We should select carefully on what trend to follow. Something that has laid its foundation strongly and does not affect individual negatively. Blindly following trends will often lead us to financial losses. Simply think that the trend today may not be the trend tomorrow so better to choose wisely and have a deeper understanding of trends and its future endeavors.
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.
When someone is unable to keep up with the times, what happens is that they will become increasingly left behind because technology is developing rapidly and there are many things that are starting to develop using digitalization methods. Currently we are in this condition, even though it is not yet fully digital, transactions at banks are also digital for now because there are types of digital service products that have been developed by banks through electronic channels without physical offices. Banks have not yet fully implemented electronic transactions because they still need physical money to meet the needs of society. The economy will determine the extent to which the country has entered technological sophistication and for underdeveloped countries perhaps technology has not been fully distributed to all corners. Corruption or all forms of weak systems are corrupt behavior carried out by many rulers and this occurs in almost all developing countries, making it difficult to adapt technology to new challenges.
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.
It is not advisable but more on a compulsory action that digital economy must be embrace. The development is alerady leading to that point. With the invention of the internet, it is known that the world is changing and emerging with digital space.
But I would say to not follow all trends because some are just bubbles that can burst anytime leaving people who follow them in devastation. We should select carefully on what trend to follow. Something that has laid its foundation strongly and does not affect individual negatively. Blindly following trends will often lead us to financial losses. Simply think that the trend today may not be the trend tomorrow so better to choose wisely and have a deeper understanding of trends and its future endeavors.
When it comes to Bitcoin, there are people who are not yet open to accepting the use or adoption of it, and the reason could be that they don't trust the system yet. That was also how so many people did not trust Bitcoin in the past years, not until they saw the speed at which the coin has grown and dominated almost every part of the world. Some people are now regretting why they did not invest in Bitcoin at the time it was developed. It's wise to always follow the trend, like you said, but while doing that, even if it's not something you actually trust 100%, you can just give it a little try and perhaps take note of it before shifting your attention to what you actually want. For example, when Bitcoin was developed, some people did not take it seriously; they just purchased it and forgot about it someplace. Even then, Bitcoin was not really sold, but there are some things you could do online and claim free Bitcoin. Some people did it and claimed free Bitcoin, but they felt it was worthless and forgot about it. It was later that the price of Bitcoin began to pump, and that's when they realized they had some Bitcoin someplace and began to look for where they store their coin.
So, that's what I am saying: even if you don't completely trust a system, just give it a little of your attention, and if it requires you some money, you can just give it a try.
So, that's what I am saying: even if you don't completely trust a system, just give it a little of your attention, and if it requires you some money, you can just give it a try.
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.
You're right to recommend digital finance, but isn't it complicated? As we move away from tangible money, wealth becomes more abstract. Despite their efficiency, digital currencies abstract value. Does this dissociation from physicality not undermine our wealth and security concepts? As well as staying technologically ahead, we must change our thinking about value and trust. Are individuals and societies ready for this paradigm shift? Though, I believe that you should change, or be changed
It will never be easy to move from the stage of fiat money to money in an integrated electronic version. It is true that Fiat money currently has an electronic version, but it is still not in a state of complete popularity to include people in all regions.On this basis, the best thing that can be done to spread adoption of crypto is for governments to adopt educational curricula to teach blockchain and the culture of distributed data. This is always subject to many possibilities since it requires a long time to be activated on a general scale.
Over the times, the technology also developed. The development of increasingly sophisticated technology makes it easy for humans who live in modern era. Not willing to follow him, it means that humans do not want him to develop.
Previously the work system was manual, now it is very sophisticated so that doing work is no longer difficult. All transactions throughout the world can be done at any time in just minutes and everything is recorded.
Like the Bitcoin transaction system. People will get convenience without having to be afraid of conducting transactions and without having to involve other parties.
Previously the work system was manual, now it is very sophisticated so that doing work is no longer difficult. All transactions throughout the world can be done at any time in just minutes and everything is recorded.
Like the Bitcoin transaction system. People will get convenience without having to be afraid of conducting transactions and without having to involve other parties.
Develop yourself according to modern technologies because as the time passes so new more beneficial technologies come into earning space. We should alter our way of earning because if we stick to a single technology then our earning will always same therefore for enhancing the ability of earning one should develop himself according to the age.
Bitcoin transaction is very secure and there is no need to move your money in presence of third party because your money will be secure. Those who adopt themselves should first realize that bitcoin is the primary source in new techniques which ensure your profit. New technologies are very successful but there is need of investigation but in case of bitcoin if you investigate you will find positive reviews always.
I read about a story (I won't mention the name of the company but some may be familiar) about an employee who worked in a very Big and popular company producing Camera, this employee had an idea about going digital, since they already own the market they did not think about changing but this employee too his idea to a competitive company and this idea became explosive.
The Truth about business is being versatile and ready to incorporate new idea, the world is growing and interests are changing as well, it's always good to follow suit.
The Truth about business is being versatile and ready to incorporate new idea, the world is growing and interests are changing as well, it's always good to follow suit.
Since the inception of the world, there's been transactions in terms of business and this has made for the advent of various means and ranges of money advancements. Like history and science will tell us that we were once in a stone or cave age and now we sit to think, does it mean that there was never really an economy or a mode of financial exchange back then? Truth is, there actually was. And there and then it started till we got to where we are today. Remembering vividly for most people who were only taught but didn't get to witness, the first form of exchange during trade was barter. It was of the concept of give me this for this and surprisingly it worked for them. After a while, cowries came into existence and then, the economy maximized. Traders and everybody generally cherished and desired cowries as it was the only means of exchange. Colony started coming into play and then coins were brought to use and then trading got a lot more easier.
The introduction of coin helped made transactions easier thereby making the cost of goods worth it, after some years the introduction of paper money was brought about and the whole economic activity was smooth, the currency had a very good worth in the economic market and livelihood was at its best. A number of years later, coins went into extinction and then the paper money took the full show and then it started becoming much more in use and advanced. A lot of notes got unveiled and it aided more easier means of trading although it led to the advent of corruption because public funds started to get stolen and further caused a declining economy. Up till this day where we see clearly that transaction and finance are getting digitalized. Digital assets are now being used as a means of transacting and looking at the brighter side, it's in a way aiding the economy. Bitcoin and crypto currencies also have good impacts in the economy. Bitcoin didn't seem like it'd experience this massive growth as it does now but after a few years, Bitcoin has expanded in itself and is now one of the greatest asset one would possess.
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.
The introduction of coin helped made transactions easier thereby making the cost of goods worth it, after some years the introduction of paper money was brought about and the whole economic activity was smooth, the currency had a very good worth in the economic market and livelihood was at its best. A number of years later, coins went into extinction and then the paper money took the full show and then it started becoming much more in use and advanced. A lot of notes got unveiled and it aided more easier means of trading although it led to the advent of corruption because public funds started to get stolen and further caused a declining economy. Up till this day where we see clearly that transaction and finance are getting digitalized. Digital assets are now being used as a means of transacting and looking at the brighter side, it's in a way aiding the economy. Bitcoin and crypto currencies also have good impacts in the economy. Bitcoin didn't seem like it'd experience this massive growth as it does now but after a few years, Bitcoin has expanded in itself and is now one of the greatest asset one would possess.
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.
You've layed a very good historical Foundation about the evolution of the world economy and trade internationally, historical knowledge tells us the background to which some of the economic ideas we have today were driven from. But I would like to remind you about the fact that no matter the evolvement of certain things in the society or modernity you will say, there are processe kept over time for people to adapt or for people to also understand the way the current affairs of economic transactions will work in that age and time. So I believe with time digital economy will be embraced by government across board, the private sectors and various business community, and that process has started already.
Cryptocurrencies are highly restricted in my country. The government is engaging in several media wars against Bitcoin and altcoins. But within these, they know that cryptocurrency is the next phase of money but they are just unwilling to accept this truth. I just remembered teaching my son about money and I was surprised to see that even the anti-crypto government of my country is preparing the younger generation for the era of cryptocurrencies. Cryptocurrencies are in the secondary school curriculum and students are expected to learn about them.
Source: WABP Business Studies.
I am aware that cryptocurrencies might not replace fiat but I am sure that they will play a greater part in the global financial system in the future. This is why many countries are introducing CBDCs in a bid to fill in the vacuum created by cryptocurrencies. But they have also failed to achieve their aim because people know that these CBDCs are nothing but digital fiat.
I understand how frustrating this government restrictions can be, killing the dream of some crypto enthusiasts.The government want’s you to keep your money in banks, because this increases the amount of wealth that banks can lend out, and ultimately the amount of wealth (GDP) possessed by an individual country. If everyone kept their money in their homes in vaults as gold, and on their electronic devices as cryptocurrencies, then the GDP of these countries and the entire economic system (ponzi scheme) of these countries would collapse over night.. Source: WABP Business Studies.
I am aware that cryptocurrencies might not replace fiat but I am sure that they will play a greater part in the global financial system in the future. This is why many countries are introducing CBDCs in a bid to fill in the vacuum created by cryptocurrencies. But they have also failed to achieve their aim because people know that these CBDCs are nothing but digital fiat.
I believe that when Bitcoin finally gets adopted by most countries, your country will see the need to accept the new technology. Bitcoin is looking promising as the look of things Bitcoin is at the verge of becoming the new currency of the world. Many banks are studying and actively practicing with the blockchain technology in order to understand the emerging technology and if possible to issue a CBDC (Central Bank Digital Currency), as per the new reports of World Economic Forum. On a final note, Cryptocurrency is free from the corrupt unilateral sanctions and trade embargo's imposed on countries and the innocent civilians living in those countries. It’s a world currency - the currency of the people. Who’s the government to say who I can and cannot trade with? Hell, I’ll transfer money to whomever I damn want, directly. To hell with the banks.
The moment you miss out on a global change regarding a particular sector, you have successfully put yourself at a disadvantage in the future. Technological advancement is happening at an increasing pace and if you don't follow up with the latest change in the way things are being done, you end up becoming very much irrelevant, and your service might not have much value in the current time.
The way of doing businesses has changed to a very large extent and those that haven't embraced this change will testify to the difficulty they experience when the try to come to term with the latest happening in technology and the various changes that has made digital marketing a must for most businesses.
The way of doing businesses has changed to a very large extent and those that haven't embraced this change will testify to the difficulty they experience when the try to come to term with the latest happening in technology and the various changes that has made digital marketing a must for most businesses.
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.
There is no doubt in your words that we should follow the trends of the world otherwise we will be left behind. Money has revolutionized a lot since its inception and still evolving, I wonder if it will evolve from digitization too. But what would be the next form of money from digitization? That is a tricky question but we will see. Till then we should adopt new technologies because they give us the upper hand on other aspects like we can get bigger discounts, can save our time, can save money, etc., etc.New technologies always give benefits in some way, all we have to do is start looking for them because many who have already gotten a hell of benefit from this technology but unfortunately due to lack of knowledge don't know about it. Therefore what's most important is to get educated about the benefits you are getting in comparison to adopting it.
Those who have still not adopted or just adopted the BTC should care and not care respectively because those who have not adopted the BTC technology yet they are unaware of all the features like decentralization, no middleman, total privacy factors, etc., and those who have just adopted it should also be considered as early joiners.
It's interesting how economic changes affect human attitude. Each stage from barter to digital currency reflected technological improvement and a shift in value and trust. Barter needed direct trust between two parties; digital currencies use technology and algorithms. Doesn't this movement suggest a subconscious shift toward trust and worth in human psychology?
You're right to recommend digital finance, but isn't it complicated? As we move away from tangible money, wealth becomes more abstract. Despite their efficiency, digital currencies abstract value. Does this dissociation from physicality not undermine our wealth and security concepts? As well as staying technologically ahead, we must change our thinking about value and trust. Are individuals and societies ready for this paradigm shift? Though, I believe that you should change, or be changed
You're right to recommend digital finance, but isn't it complicated? As we move away from tangible money, wealth becomes more abstract. Despite their efficiency, digital currencies abstract value. Does this dissociation from physicality not undermine our wealth and security concepts? As well as staying technologically ahead, we must change our thinking about value and trust. Are individuals and societies ready for this paradigm shift? Though, I believe that you should change, or be changed
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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.
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.
Try to learn next time how to use paragraphs and spaces to make a thread that is easy to read and understand. Your wall of post is very hard to read without leaving the screen off.
I doubt this will happened, Physical copy is always a must in every transaction even with banks since it’s a copy that can’t be destroyed if there’s an online attack. Both soft and hard copy is essential for backup of everything even if we are living in digital world since we are still on physical real.
Maybe this possible in the future if there’s already an online vault invented that can’t be attacked by anyone.
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