"I love that you've brought this to attention. An extensive database of uncommon but resistant and hardy plants/foods could be developed and organized by climate. Ease of growth and processing should also be taken in to account. I will try to…"
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The Future Of Money
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 Coinage, 118 B.C Leather Money, A.D. 800-900 The Nose, 806 Paper currency, 1500 Potlach, 1545 Wampum, 1816 The Gold Standard, 1930 End of the Gold Standard, Today Paper money and coins, and the future money will be an electronic money?("The History of Money.") Find all about them here. Yup, it is digital age now. I did think about that the future money won't be a paper or coin money, something physical. It is already sort of a digital age where we use credit card and internet banking where we transfer money through online, which is much faster. Electronic money will save much more thing such as from paper to produce paper money and reduce a metal or metallic material to create a coin. As well as physical money has fixed price to it, such as if you pay a $100 for a product that cost $98 you would get change to it. However, if you use card or an electronic money in the future you will be able to just pay $98 without getting any exchange and be more handy. Most people carry wallet to store their money and cards. Nowadays, there are some applications that can be use to pay or save money. One of the example is called 'Google Wallet', Google Wallet is a system that has been developed to store debit cards, credit cards, loyalty cards, and gift cards, as well as able to do a mobile payment. ("Google Wallet.") It is already being develop to use a technology to use to pay something for it. It will reduce the amount of losing the cards or money and get stolen. However this has security lock which is safe, but if it get crack by someone it wil be very bad. By using online electronic money it will be much faster interms of exchanging currency online and organize the bank book/account book. Many people use smart phone these days and in just next couple of years I believe most of the people will have a smart phone with them and using a much better technology to interact each other and much better applications to help to live a easier life.
Bibliography:
"Google Wallet." Wikipedia. Wikimedia Foundation, 14 Feb. 2013. Web. 14 Feb. 2013.
"The History of Money." PBS. PBS, 09 Jan. 0000. Web. 14 Feb. 2013.
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