Topic: When you think of currency what will come to your mind? - page 22. (Read 3910 times)
To be honest with you, the first thing that comes in my mind is fiat currency. Why? Because it is used by all people. Second is digital currency, But I think it will be considered truly a currency if government trust and uses digital currency.
In principle, our society aspires to digital resources. We are all ready to do on the Internet and the emergence of a digital currency is absolutely a logical fact.
For me right now when i hear of the word currency fiat and digital currencies comes in my mind because they are both useful and form of investments.
My first come to mind when we say currency is the money that spend on a whole day to survive , it is many kind of currency in all over the world, I think currency is the most helpful for our dailyneeds.
Yes, everything in this world needs money to survive of our daily needs. The currency helps us to buy our foods, paying bills and other expenses we need. There are more currency in this world all of this currency is helping us in our daily lives.
There are various types of currencies in the world but when am online the only currency I know of is digital currencies of which bitcoin is the most popular among them all. The popularity of bitcoin is growing across the globe at a very impressive rate. It is the hope of many crypto enthusiasts that bitcoin will be widely accepted across the globe for various business transactions.
The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?
https://cdn-images-1.medium.com/max/800/1*TnaWyyjfNiI7UiM1jmarqA.jpeg
On the lighter side, the ape held on tightly to his bag of dollar while the modern man is keeping his crypto close to his side.The future of money is crypto, whether IMF admits it or not https://cdn-images-1.medium.com/max/800/1*TnaWyyjfNiI7UiM1jmarqA.jpeg
They will not be quick to call it a currency since it will give bitcoin the legitimacy it deserves globally, their admittance will in a way affect their grip on the control of money
In this pic we can see that Bitcoin is considered to be a new stage of evolution of payment means. To tell the truth, I wouldn't consider it as evolution. Fiat money still exist and are widely used. Each od this variants has ots advantages and disadvantages.
when Im in the middle of the night, thinking about my financial problem, where I borrow or where I get money to provide my needs, actually I didn't know what to do because I have many things to buy that need in school works. but the day after the night, my coursemate told me about the bitcoin and I try it no doubt. and now I provide what I need.
The issue may come true if all countries in the world have officially received bitcoin as a global currency.
This proves technological progress will involve economic life and I think it's good.
This proves technological progress will involve economic life and I think it's good.
In this pic we can see that Bitcoin is considered to be a new stage of evolution of payment means. To tell the truth, I wouldn't consider it as evolution. Fiat money still exist and are widely used. Each od this variants has ots advantages and disadvantages.
I think bitcoin has an opportunity to become a currency,many new technological innovations are likely to emerge,as the advancement of new technologies will lead to much better change for the future as well as affect economic improvement and development.
Now a lot of people talk about Ethereum and EOS, because it's convenient for future calculations between businessmen.
Thinking about currency I presume it is a cash or money from different countries. And saying that if bitcoin can be considered as a new currency then I think it is possible provided that bitcoin price will be stabilized or it has a fixed value to be able to use its main purpose as a currency.
I think the purpose of the picture is just an illustration that is only a mere evolution, if we look in various aspects especially in the economic aspect I think their goal to exploit technology into everyday life as we experience. purchases of goods using banknotes and more alternative payments using cards and there are also through smartphone applications and one of them may be bitcoin as an alternative to banknotes
The International Monetary Fund (IMF) just recently posted a picture that shows the evolution of money that people have used since the beginning of human civilization. Will IMF consider Bitcoin as a new currency?
It depends. As of now, it is far from happening. Only some countries acknowledged the use of bitcoin. Most of the countries are still against of it and prohibiting its citizen for using it. Besides, as how I interpret the picture, it seems to show how the payment system changes from time to time not the currency itself. How it was develop for people to be more convenient when paying. If bitcoin will be accepted worldwide, then your question might be answered by yes.
To be super frank the first word that hit my head was 'honey' 
Then came funny, bunny, penny, punny.
On a serious note, it is something essential and also when in excess can lead to some disastrous outcomes, be it ego, lazy head or pride that could drown you down.
Then came funny, bunny, penny, punny.
On a serious note, it is something essential and also when in excess can lead to some disastrous outcomes, be it ego, lazy head or pride that could drown you down.
The first word which comes to my mind when I hear the word money is Power !!
Honestly,in today's world money has the power to make anything happen may be right or wrong !! Money isn't everything but it is more than everything !! So Power is what you get in ur conscious and feel confident about once you have it with you !!
Honestly,in today's world money has the power to make anything happen may be right or wrong !! Money isn't everything but it is more than everything !! So Power is what you get in ur conscious and feel confident about once you have it with you !!
Money is what always come into my mind as currency refers to money. We can't also deny that bitcoin, for example, is now more used as investment than an alternative currency to fiat. Hearing of the word crypto always reminds me of my dreams coming to reality through it.
When the question comes about the cryptocurrency, I think about now that a lot of work is done to get more coins. In the future, the crypto currency market will certainly go up, then to rest.)
When I think of currency, I thibk of fiat, crypto and money. These three are the most involved words for me, fiat is for the traditional and crypto is for the modern and innovated version. I like them both.
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