❌💰 The Cashless Society: The Digital Age of Bitcoin, Blockchain & Cryptocurrency
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So what if I told you that we’re standing on the brink of a seismic change in the nature of money?!
The “cashless society”, a future where people rely on digital technology to spend, save, and make money, where there’s no need for cash or coins, is approaching.
Are you prepared for how it’ll affect your bank account, your shopping, your job?
To help answer these questions, in today’s video, I’m going to explain the cashless society — what it is, when it’s coming, and what it means for you!
🤔 What is a cashless society?
A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information (usually an electronic representation of money) between the transacting parties.
Cashless societies have existed from the time when human society came into existence, based on barter and other methods of exchange, and cashless transactions have also become possible in modern times using digital currencies such as bitcoin and other cryptocurrencies.
Such a concept has been discussed widely, particularly because the world is experiencing a rapid and increasing use of digital methods of recording, managing, and exchanging money in commerce, investment and daily life in many parts of the world, and transactions which would historically have been undertaken with cash are often now undertaken electronically.
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About Jonny Bradley:
Jonny Bradley is an Amazon FBA and Branding specialist that has his own training program; the SellerPro Academy. I upload videos and tutorials on how to become an online entrepreneur – specifically Amazon FBA.
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