Money is the most important abstraction that human
beings have ever devised, but that abstraction has not been fully embraced. The
process of configuring the systems we enjoy nowadays has taken a long time, as
is always the case with this kind of development.
At the beginning of human history, when societies
realized that they need to interact with other societies because of a shortage
of resources, they took up bartering for many generations. As the time passed
humans realized that a more sophisticated process was needed. So in the first
coins were minted in Lydia in the 8th century B.C.
Nowadays, cash’s role is waning, as mobile and
encrypted currency let us plug directly into the digital economy. Our society
is taking us to new contexts that need some changes in the kind of currency
that we use. New technologies are appearing every day and force us to change
how we purchase things. One solution to monetary gap left by cash for comes
from a new application by Apple. Passedbook is the simplest way to get all our
passes, like Boarding passes, tickets, store cards and coupons: you buy them
via the Appstore, you receive a code that you show in stores, and it is charged
to your credit account.
Money is not disappearing, it is just changing.
Digital or electronic money it has a lot of advantages, but it also have some
problems related to the insecurity of the internet, like phishing and identity
theft.
Are you willing to change the way you buy?
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Are you willing to change the way you buy?
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