Introduction

This blog will discuss the future of money and economic and how it will affect people’s daily lives. I chose this topic because I think that money may change a lot in the future and affect our lives and the economy.

In ancient times, there was no such thing as currency. People bartered things to obtain what they needed. Bartering can completely satisfy people’s daily needs. Therefore, there is no concept of “currency”, and people have no awareness of using “currency”. Over time and development, cash appeared, followed by credit cards and checks. These trading methods have greatly improved the convenience of people’s lives. In the era of rapid technological development, people can also make online payments, which means that people no longer need to carry cash or credit cards. Therefore, I am very curious about how the money will change in the future. And this topic is also related to my career interests. My ideal career is to work in a bank, so I also want to know whether currency development will affect the banking industry.

The elderly may be one of the beneficiaries. As people grow older, their memory may decline, and it is possible to forget where they put their money or lose their credit cards. This research may help the elderly understand the future trend of money earlier to a certain extent and be prepared. It is also advantageous for some businesses because they need to know the latest payment methods to prevent customers’ loss. For example, when credit cards were becoming more popular decades ago, if merchants did not prepare in advance, they would lose those customers who used credit cards.

As online shopping and online payment become more and more convenient, many people choose this shopping method and payment method. So, this digital currency may replace cash in the future. This may have an impact on some industries, and it may be good or bad.

This blog’s research will answer some important questions on this topic, such as Will digital currency replace cash? What industries will be affected? Does this help economic development? Who will benefit? People will be interested in this topic because it is closely related to their lives. Early understanding of future trends can benefit life in the future. There is some economic and financial knowledge that can help understand the future trend of cash. Certain computer skills will also help. Of course, I think the most important thing is that people can perceive these trends and accept changes.

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