Trade and the need for goods and services to be exchanged in innovative and creative ways has long been, not only key, but allowed for the building of our very ways of life today and some of the ideologies we have become so accustomed to. But the introduction of a monetary exchange for these goods or services with ancient coins, gold and other rare metals or gems, created a new future for the progression of man and business-kind.
A species so focused on the accumulation of golds, gems and jewels, could probably not believe that their future would then be the exchange of “paper” for the same goods, services and value.
HOW DID THIS HAPPEN?
All ancient coins, or currency had a value to a relative amount of gold. This was called the gold standard, and to be clear, this didn’t change until fairly recently, until the U.S congress changed the law on how creditors could be compensated/paid in June, 1933.
Now this change in law has been looked back on with much distain and accusation. With certain enterprises benefitting off the economic struggles of certain people and uncertain times. Modern Reserve banks benefitted massively, having bought and acquired most of the gold in the U.S during the time have become the mediators of debt and value, not only in the U.S, but across the globe.
It created new challenges for working class, the working businesses they had created, and our future as a species.
Partnerships were formed and alliances were made to “benefit” struggling countries and corporations. And a majority of the world at the time fell victim to the change in policy and relative value. But those with aligning partnerships and goals, influenced the world and our futures massively.
But with this change, we can look at the benefits, and potential hints it might bring for our futures. Wealth was no longer determined on successes in mining or the acquirement of a large amount of valuable metals and gems. But rather the reward for ingenuity to change and innovate during those times. Now regardless of whether we agree or not, the change created an absolute need for adaption and entrepreneurship. It forced economies to develop new methods of business, trade and valuation.
That changed, pushed the modern world into digital currencies, a way for people to trade with each other, free of banks, Stock exchanges and rife interest or inflation. Currencies that are determined by the people and how they value it, not those of corporations or a handful of bankers.
INTERNATIONALIZATION AND THE INTERNET
The development of technology has been unbelievably rapid over the past 50 years, unlike anything we’ve ever experienced. This has not only been in relation to the innovation and rapid need for change, but also due to the relative demand for instant exchanges outside of Banks and the heavy shackles of the old world.
We created markets that are forward thinking, adaptable, and meet the general publics needs. We have created trade that is outside of reserve banks harsh interest rates or ridiculous yearly inflation. We have stepped into a new world with endless possibilities of trade, revenue, value and eventual success. We have created instant transactions that can be sent and received instantaneously, worldwide, without adjustment to countries economic “strength” or citizens basic “pay rate”.
Our product/value is determined by each other, our own valuation or that of our peers for our work. Employees and employers from different parts of the world, that speak various/different languages will be able to work together but surpass each others expectations. Differences in language, work and discussion are only going to be become more and more Jurassic.
People of various Talents, languages, cultures and backgrounds are going to be to meet and work together like never before in the exciting and digital world that awaits us.
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Trade and the need for goods and services to be exchanged in innovative and creative ways has long been, not only key, but allowed for the building of our very ways of life today and some of the ideologies we have become so accustomed to. But the introduction of a monetary exchange for these goods or services with ancient coins, gold and other rare metals or gems, created a new future for the progression of man and business-kind.
A species so focused on the accumulation of golds, gems and jewels, could probably not believe that their future would then be the exchange of “paper” for the same goods, services and value.
HOW DID THIS HAPPEN?
All ancient coins, or currency had a value to a relative amount of gold. This was called the gold standard, and to be clear, this didn’t change until fairly recently, until the U.S congress changed the law on how creditors could be compensated/paid in June, 1933.
Now this change in law has been looked back on with much distain and accusation. With certain enterprises benefitting off the economic struggles of certain people and uncertain times. Modern Reserve banks benefitted massively, having bought and acquired most of the gold in the U.S during the time have become the mediators of debt and value, not only in the U.S, but across the globe.
It created new challenges for working class, the working businesses they had created, and our future as a species.
Partnerships were formed and alliances were made to “benefit” struggling countries and corporations. And a majority of the world at the time fell victim to the change in policy and relative value. But those with aligning partnerships and goals, influenced the world and our futures massively.
But with this change, we can look at the benefits, and potential hints it might bring for our futures. Wealth was no longer determined on successes in mining or the acquirement of a large amount of valuable metals and gems. But rather the reward for ingenuity to change and innovate during those times. Now regardless of whether we agree or not, the change created an absolute need for adaption and entrepreneurship. It forced economies to develop new methods of business, trade and valuation.
That changed, pushed the modern world into digital currencies, a way for people to trade with each other, free of banks, Stock exchanges and rife interest or inflation. Currencies that are determined by the people and how they value it, not those of corporations or a handful of bankers.
INTERNATIONALIZATION AND THE INTERNET
The development of technology has been unbelievably rapid over the past 50 years, unlike anything we’ve ever experienced. This has not only been in relation to the innovation and rapid need for change, but also due to the relative demand for instant exchanges outside of Banks and the heavy shackles of the old world.
We created markets that are forward thinking, adaptable, and meet the general publics needs. We have created trade that is outside of reserve banks harsh interest rates or ridiculous yearly inflation. We have stepped into a new world with endless possibilities of trade, revenue, value and eventual success. We have created instant transactions that can be sent and received instantaneously, worldwide, without adjustment to countries economic “strength” or citizens basic “pay rate”.
Our product/value is determined by each other, our own valuation or that of our peers for our work. Employees and employers from different parts of the world, that speak various/different languages will be able to work together but surpass each others expectations. Differences in language, work and discussion are only going to be become more and more Jurassic.
People of various Talents, languages, cultures and backgrounds are going to be to meet and work together like never before in the exciting and digital world that awaits us.