Cashless Society will erase our History and Heritage - Maneco64
12:42
298 views
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Last viewed: 4 hrs ago Uploaded:
21 Oct 2020 (6 years ago)
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Shared: 22 Oct 2020
Video Description (from Youtube)
#bitcoin #gold #silver #history #coins #rome #currencydebasement #markets #cash #digitalcurrency #numismatics #money
Today we will look at how a cashless world or society would mean that history
could be partially erased.
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A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins
Transactions are through the transfer of digital information (usually an electronic representation of money) between the transacting parties. Cashless societies have existed from the time when human society came into existence, based on barter and other methods of exchange, and cashless transactions have also become possible in modern times using digital currencies such as bitcoin.