All Blog Posts Tagged 'LEARN5' (275)

Money is just a paper, but it is one of a important living thing because if you don't have much money, you can't buy anything you need. We always using money, but there are some demerit of money. First is it's easy for treft and burned. I've written that money is paper and paper is easy to burn, so you need to take care of it. Money is very valuable, so some robbers are robbing the people's money or in bank. The second problem is it may be fluctuate the exchange routes between foreign…

Before we have Alternative and physical money, we get things from Barter that means we trade something with an exchange of giving something. Then Money is invented as a tool to get things easier. Since we have high technology now, we are been able to make alternative currency for the future of money. Alternative Currency is a currency that is made locally to get money circulate locally longer to build up the local community, because the currency is produced more and more in the area while…

Money is very important thing and it's aways uses all around the world. People must have money or they can't live, but there are a lot of demerit of money. The first problem is about alternative currency. It's a currency that can only use in national, state, or local governments. For example, Japanese Yen can use in Japan, but the other country can't use it because it's alternative currency, so if you want to go to the other country, you must change the money to the currency that can use.…

Money is a very important thing that we need in our life, without money you cannot do anything and whats going to happen is die. Thats why there are reasons why we are working, if everything was free we weren't living like this now. As we know Nothing is free in our life. The problem our world are facing right now about money is that lots of people die because they don't have money to eat and drink. Some countries don't have a lot of jobs so people can't make money and that affects their…

Before we talk about The Future of Money, let me explain The History of Money first. Money is any object that can be accepted as payment to pay for goods and services. It is in form of coins or paper nowadays. It was different back in the time. In the beginning it was use by using 'Barter', 9000 - 6000 B.C Cattle, 1200 B.C Cowrie Shells, 1000 B.C First Metal Money and Coins, 500 B.C Modern…

Barter is old-fashioned of exchanging a thing that you want to trade to the thing that you want, that you are going to trade it with your thing. In old days, there is no money, so they only can trade things with things, for example a watch with a kg of rice. But, once there is money, it became a lot easier, because the buyer can just use money to trade/buy with the things they want/need. Also, if we use barter we will not know the value and we also don't know what to trade with, if we trade…

All items are purchase with money. Money is the medium (tool) we use to purchase goods and services. 

Money is NOT evil nor is it good. Like any tool if used incorrectly it can hurt someone. In one way money can be used incorrectly it can hurt the credit rating of the user.

It is just a medium that we can use to to trade our goods and services that produce to other unrelated goods and services that we can use.

Each countries have different money currency, well some…

After reading some article about this topic. I think the best way for the future is the electronic money. When some one needs to give money to their families or friends, they could just send by the internet. Electronic money can even save trees by using the electronic money. We can use electronic on our phone and the computer. Phone is the electronic device that we use everyday and phone is always with us, so we can use it in the phone and it will be very comfortable to use. The bad thing is…

After I read 5 links that was provided in the mission objective, I think the best way for the future of the money is using electronic money. It's better for the world to only have 1 kind of currency like $. Since everytime we want to go to another country, we must buy the currency of that country while if we want to convert it back, we get less the amount that we spent to buy the currency. Electronic money is nice, because we can save paper from it. We can just have our electronic currencies…

Kenyans use a service called M-PESA that helps people swap mobile-phone minutes as cash— you can literally pay for something at the store by transferring mobile minutes to the clerk's phone.

I think community banking is a great idea! It does the same thing as a normal bank except there is no cost, no big corpratism company behind it and it is local. Community banking is a great way fto save for those who live in poorer countries.

There should be money that is the same for everyone. it would more helpful in the economy.

I have found a company, called World of Good, which is owned by Priya Haji. It connects artisans—mostly women—in poor countries with consumers in the West. The company first finds handmade items from far-flung villages across Asia, Africa, and South America. It then cleverly displays the wares in affluent urban stores throughout the United States.

Boutiques selling ethnic crafts like earrings, scarves, and bowls are found everywhere in refurbished neighborhoods. Haji's company works…

I like http://www.wired.com/magazine/2010/02/ff_futureofmoney/all/1 the most and think it is a viable solution because would speed transactions up and, seeing as the new money is compatible with paypal, iTunes etc. no-one would be running around trying to get gift cards and vouchers.

In the future the money will be worth a lot more and will be exchanged differently when you buy something the money will somehow automatically come out from your account with a special card.

There are some very good money ideas out there such as trading mobile phone top ups and a form on currency on Craigslist. I believe this could possibly help different economies and could be the future of money.

I think in the not-too-far future physical money in the way we know it wont exist anymore. Taking into concern that the credit card system like we know it today is not older than 60 years and there are already countries (e.g. the U.S.) were credit cards have successfully replaced money in the form of bills and coins in almost every area of daily life it isnt hard to imagine that, in another 50 years from now, this development has continued to a point were especially in the western world…

I will show you a slideshow about the way of payments our ancestors use and probably way of payments we will use. Just click through the slideshow.

Slideshow: Future of Money

LEARN5

A new study giving a taste of the future of money. Which megatrends influence the financial sector in the next few years? Following points will be very important:

1. Globalization

2. Emerging Markets: Here are mainly the BRIC-Countries (Brazil, Russia, India and China) to mention

3. Digital transformation: The financial sector is more dependent from technology renewal than other sectors.

4. Mobile Media and mobile lifestyle: In Year 2015 internet using will done 50% on…