Digital Economy
Welcome to 21st Century; we may not have hover cars and robots that are going to be our maids like from The Jetsons, but we are indeed living in future. And, biggest example is not with gadgets but with our currency and payment options.
In my blog "Samsung Pay" ( http://pjpark10.blogspot.com/2016/03/samsung-pay-new-mile-stone-of-mobile-pay.html ) I explained how far we have came in our payment method and where we are no longer needed of physical card or cash to make payments now because most of our shopping are done digitally either thru online or payment method where it is simply transactions of codes one one machine to another.
Let's take a look at our current situation. A normal how hold would work and receive payment thru direct deposit which means, it's not your work physically putting money in your bank account but transferring fictional money to your profile at local bank. And you would pay bill from not existing profile to spread it through other business by transferring code to them. Also, we are no longer buying actually CD's or buying VHS tapes, we are buying digital copies from Google Play store or ITunes. How about our gaming? it's the same with these new devices such as PS4 or Xbox where you no longer need physical disc to play these games but to download and play. How about our mobile gaming? Mobile gaming is one of the most dangerous way of gaming, I feel as it give you the option to peruse your goal faster by simply buying into the game. Also, our school loan, medical bill, all these information are no longer carried in a hard copy, and only hard copy we have is the bill we receive from computer generated file.
And those are examples of the economy we have; digital economy.
Yes, cash is still used and nations still dwell over who has more gold in their federal reserve and one of most strongest country really doesn't have any except digital debt they are trying to collect from their own citizens as "Banking Fee" (thanks Rothchild).
This could be good, or bad.
Good is, if we can have individuals whom are willing to take action and make this economy disappear or simply take down the economy, they could because it is all simply just codes.
Welcome to digital economy.
In my blog "Samsung Pay" ( http://pjpark10.blogspot.com/2016/03/samsung-pay-new-mile-stone-of-mobile-pay.html ) I explained how far we have came in our payment method and where we are no longer needed of physical card or cash to make payments now because most of our shopping are done digitally either thru online or payment method where it is simply transactions of codes one one machine to another.
Let's take a look at our current situation. A normal how hold would work and receive payment thru direct deposit which means, it's not your work physically putting money in your bank account but transferring fictional money to your profile at local bank. And you would pay bill from not existing profile to spread it through other business by transferring code to them. Also, we are no longer buying actually CD's or buying VHS tapes, we are buying digital copies from Google Play store or ITunes. How about our gaming? it's the same with these new devices such as PS4 or Xbox where you no longer need physical disc to play these games but to download and play. How about our mobile gaming? Mobile gaming is one of the most dangerous way of gaming, I feel as it give you the option to peruse your goal faster by simply buying into the game. Also, our school loan, medical bill, all these information are no longer carried in a hard copy, and only hard copy we have is the bill we receive from computer generated file.
And those are examples of the economy we have; digital economy.
Yes, cash is still used and nations still dwell over who has more gold in their federal reserve and one of most strongest country really doesn't have any except digital debt they are trying to collect from their own citizens as "Banking Fee" (thanks Rothchild).
This could be good, or bad.
Good is, if we can have individuals whom are willing to take action and make this economy disappear or simply take down the economy, they could because it is all simply just codes.
Welcome to digital economy.
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