Economic changes and how it affects us 1

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HELLO HIVE

Changes has been the most constant thing around us and no matter what it is we are Looking at today the society will out grow it eventually. Transaction is an important part of our daily life and that has not stopped after so many generations that have come and gone, but there has been some slight shift in the way we do transact now.

Cashless policy.png

History has it that before the idea of using currency to transact came to be, people were doing business by a medium termed trade by batter but this can be inconsistent to some level. But that didn't damage their business directly it can only cause cracks in the trust they have for each other and to succed you have to operate with the eye of an eagle to be sure that you are getting the same value of goods in exchange for what you are giving out.

But moving down some centuries came the introductions of different currencies and each of these currency are giving a value, while the value of some have managed to compete in the global economy market others are gradually disappearing on a daily basis.

With the level of tech advancement and the take over of cryptocurrency in some businesses and countries it would be fair to say that it was time to move a step further and change the trend and the recent experience of this in Nigeria made me see the possibility of this happening in the near future although a lot of preparation will we invested on it in order to make this work, unlike the experience we had in Nigeria you can say that both the government and the citizens were not ready for the sudden change experienced and we could straight forward see that many are still not exposed to this whole new idea although many people from the more exposed and civilized part of the country are already using this.

So Does that mean we can not operate a cashless driven economy?

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