Barter --> Coins --> Bank Notes --> e-Wallet --> WHAT is the Next ??

Imagine you're in ancient civilization, and you're so comfortable trading with your friends in barter system. Let me bring you into the conversation..

Isn't Barter so cool ? We can exchange what we want with anyone has the same need. Think!! the value here is on the item or on your "Need" ? Let me give you an example, You got a "wheat" and you wants to exchange with fish or chicken. Someone who need "wheat" will exchange their fish or chicken with you. SO do you thing the value of wheat equal to the value of chicken ?

I feel barter is more about our Power to fulfilling our needs. 

Around 5th century BCE Lydians start introducing "COINS" system. The "Mode" of a trade came into the picture. YES!! now you need a "COINS" to buy a chicken or fish. A 'value' has been set to each items. 

Your need COINS to fulfill your NEEDS. 

When the 'barter' guy,  introduced to the coins system, probably he thinks it's a SCAM. Probably he felt it's a difficult stuff . OR probably ignore as what many doing when we talk about cryptocurrencies. No matter what, when the world change, 'Barter' Guy has to become 'Coin' guy. 

You Can't run away from the changes 

From the 'Coins', Trading world starts using  'BANK NOTES'. Here we lost our 'Power' to a piece of paper. The 'Money' notes produce by the Central Bank, and the Central bank controlled by the Government. In 'Barter' world, if you're a farmer, you're rich enough to fulfill your needs. In current modern world, you might apply loan to buy seeds. 'The Money' gain the power to divide Rich & Poor, Super Power Countries & 3rd World Countries. 

MONEY rules the World

In Recent years, e-cash or e-wallets has been introduced. We start to accept the changes over the years. Now you can buy a item from a store just by scanning the QR code. Yes, we don't need to bring the cash in wallet, everything on your smart phone. We may still doing cash transactions, but ready to accept the changes!. Cashless transactions are the trend now

Image from: https://site.bigpage.my/

We traveled from Barter, coins, bank notes to e-wallet / cashless. So what's next? 

🤔 Is the next trading 'Mode' yet to introduce or already start spreading ?

🤔 Are you aware of it?

🤔 Are you ready to accept it ?

🤔 Are you still thinking it's a SCAM ?

🤔 Or, Are you going to keep ignore the fact that 'This is the FUTURE ?

or another BIG question 

DO YOU KNOW 

THE TRADING POWER WILL BE BACK TO OUR HAND 

LIKE THOSE BARTER DAYS ???

Stay tune and lets explore on my next blog 

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