The phenomenon of virtual currency has hit the world. For fans ofonline games virtual currency is nothing new. They use it for transactions in cyber space. The currency can purcahase ”virtual goods” Such as gifts, gamming ammunition, cattle, and supplies in online communities, gamming site and social network. Service in the virtual world also accept payments as virtual currency.Some social media and other applications, Such as dating sitesand IM services use a virtual currency.
Virtual currency is the currency That exists in electronic form. It is not physical, Such as paper money printed or minted coins.
Just as humanity has moved away from the currency backed by precious metals, We Are also steadily moving to completely electronic currencies. Most national currencies today are ”hybrid”That currencies exist in Both physical and electronic form.
If current trends continue, it will not be too long until the physical currencies are not used at all. Some people are already there.Today, many people go through life without using physical moneyat all. Their They move money around electronically, with credit cards, debit cards and even the make electronic payments to payall of Their bills and debts.
Big companies like Coca Cola has even set up a vending machine that uses a virtual currency. Buyers can buy a bottle ofsoft drinks by using pulses that exist in their mobile phone.
Is virtual currency will be one world currency? I think that questionhas been answered. Some of the world population, especiallyinternet users have been using virtual currency as their currency.
Citing the term Robert T Kiyosaki, money is an illusion, for those of you who think money is real, so be careful.
Therefore you need to learn how currency mechanism works, how currencies are traded just like other commodities, so here’s the money no longer serves as a medium of exchange.
Here are some of the benefits of learning to trade foreign exchange ( Forex)as well as answers to questions Reasons Why You Should Learn to Play the Forex.
1. By learning to play the currency you will know when a currency will rise and when it will come down. By knowing these things then you can take advantage by buying the currency at cheap price sand then sold at high prices, or you sell first if you have a low value currency, and if the price is up movement of decrease then you can buy a currency pair again if necessary.
2. By learning forex you will know what the currency exchange rate is strongest. GBP is currently the world’s strongest currencies, worthdouble the USD, sometimes even more.
3. By knowing the strong currency and its value tends to rise, then you can invest in the currencies in the hope of capital gains in the future.
4. Knowing that money is an illusion, a virtual value and can change at any time, then you can choose to invest in better products such as land, real estate, gold and others.
5. By knowing how money and currency trading, then automatic all your intelligence about money or increase your financial intelligence. With a good financial acumen, then you can maintain and develop your wealth today, tomorrow and later.