SCF Advanced Search

banner

banner

Members
Stats
  • Total Posts: 38445
  • Total Topics: 13010
  • Online Today: 1355
  • Online Ever: 51419
  • (01. January 2010., 10:27:49)









banner

Author Topic: How is digital currency transforming our world?  (Read 410 times)

0 Members and 1 Guest are viewing this topic.

Nsatsdja

  • SCF Advanced Member
  • ***
  • Posts: 484
  • KARMA: 2
  • Gender: Female
How is digital currency transforming our world?
« on: 22. November 2020., 15:33:23 »
Have you ever thought about what would be the future of money? There is nothing inherently valuable about a dollar or a coin that we are using now. The only reason these things have any value is because we have all decided they should have value. we can say that they do have value by a collective fiction. All about money is the exchanges and the transactions that we do with each other and it is not anything objective.

Using digital money has begun in the past two decades. now we all get paid via direct deposit, pay taxes online and pay rent fee via bank transfer. These interactions are changing 1’s and 0’s on computers. anything physical does not exist like a dollar or a coin in this process. And in these interactions, there are large and powerful institutions such as banks.



Overall they have done pretty good work but there are some problems need to be fixed. And even though it is up to them to fix, at many times they just do not do. Therefore, there are many frictions in the system, for instance, most of our credit cards don’t work in abroad and transferring money across borders and across currencies is really expensive. It is all because big institutions are holding our digital money and controlling. These frictions obviously take away our ability to freely transact and slow down the work.

But the good news is that, we are about to enter a new step of money, programmable future money. It is that we combine software and currency so that money will safely and securely flow directed by software. And when this happens we will be able to remove institutions, our transactions will not be controlled by any governments or banks. We will work without intermediaries and no need to ask permission, or do a conversion or worry about money getting stuck.



If you would like to join or feel interested in transforming our world, you can try BINT Protocol, it is where you can get and understand underlying technology of blockchain development, or get the specialized materials to learn more about it. go check it out: http://bintprotocol.com/

Samker's Computer Forum - SCforum.info

How is digital currency transforming our world?
« on: 22. November 2020., 15:33:23 »

MelissaLiberson

  • SCF Authority Member
  • ****
  • Posts: 729
  • KARMA: 20
  • Gender: Female
Re: How is digital currency transforming our world?
« Reply #1 on: 22. November 2020., 21:23:35 »
It is indeed changing our life but we also need to make sure we use for benefits instead of errors. And that is what I do with help of FreshForex broker, where I do crypto trading smoothly. I love it with their 101% Tradable Deposit Bonus and many such benefits!

https://freshforex.com/traders/promotion/tradable-forex-bonus.html

Samker's Computer Forum - SCforum.info

Re: How is digital currency transforming our world?
« Reply #1 on: 22. November 2020., 21:23:35 »

 

With Quick-Reply you can write a post when viewing a topic without loading a new page. You can still use bulletin board code and smileys as you would in a normal post.

Name: Email:
Verification:
Type the letters shown in the picture
Listen to the letters / Request another image
Type the letters shown in the picture:
Second Anti-Bot trap, type or simply copy-paste below (only the red letters):www.scforum.info:

Enter your email address to receive daily email with 'SCforum.info - Samker's Computer Forum' newest content:

Terms of Use | Privacy Policy | Advertising