Just a quick note that Jeff Johnson’s Traffic And Leads Training Academy is being launched next week… Some people may question if this is really something worth checking out, but I’d say if you are in the internet marketing world and not making 5 figures a month then this is a must…
And on that note, let’s talk about money… I’ve been talking about the economy and the future of money with frioends lately and some of the things I’ve been hearing are downright ridiculous!
Some say that in the future we won’t even need money in order for our society to function. “How could this be,” others may ask. It may sound like a crazy idea to us living in such a dollar-based economy, but throughout human history there are numerous examples of economic models based on commodity-driven factors. To take a simple example, many ancient societies simply bartered or even used beads or sea shells as a fungible item of currency. So, this begs the question—where are we headed?
Well, that’s a good question. It’s hard to say where we’re headed when it comes to currency. However, the idea that the dollar and other traditional forms of currency will one day be replaced by commodities or alternative forms of currency is not so crazy when you look at the recent popularity in commodity driven markets and in the development of cryptocurrencies.
A significant reason for the rise in these phenomena could be traced back to the great economic collapse of the early part of the 21st Century. It certainly shocked a lot of economists. The subsequent downgrading of the world’s major economies, most notably, the United States, reinforced the idea that we may be headed for some major changes in the future.
Indeed, if we look at how alternative currencies have been gaining traction in recent years, we could conclude that this is a sign of things to come in the future. And I say, this is ultimately a wonderful thing. After all, with change comes innovation and people have always been innovative when it comes to figuring out new ways to buy, sell or trade goods and services!
So, don’t worry too much about where to invest. A wise investor would simply diversify his or her portfolio to include various forms of currency.