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Future of Money

Money was originally any physical substance that was desired by others, such as gold, silver, or even cattle. Today when someone mentions money you think of bills or coins, but in reality you should be thinking e-money or electronic money, the future of all commerce. With the digital age approaching perhaps bills and coins will become obsolete. If and when we do change over, e-money will make a significant impact on society. Through the many advancements in technology and the giant strides the internet has taken, we are now able to buy and sell goods over a computer network known as the world wide web. The more we learn about the internet and its capabilities, the easier it will get. The internet will be a much more convienent way of shopping, with everything at your disposal, there will be no more worries about getting a parking spot at your local mall when you


As phones, fax machines, copiers, PCs and printers have become essential in doing business, so will be emails, Web sites, and integrated digital communications and computing. And in a few easy steps the item you are looking for will be ready for delivery. Unlike broadcasting media, the Internet allows two-way communications. The internet isn't the only way to go though. A two-way communication means targeting an audience and the possibility of feedback. can just park your self right in front of the computer. It appears that electronic commerce is similar to catalog shopping or home shopping on cable TV. Increasingly, they include digital products such as news, audio and video, database, software and all types of knowledge based products. Right now the internet, in most cases, is just another way to advertise your product to the world, while in only a few short years the internet will be dealing with main stream commerce. Your purchase will be sent directly to your bank where it is confirmed. At the least, through WebTV and digital television, the way we watch TV news and entertainment programs will change. And through the use of a credit card or "smart chip" you will be able to purchase what you need. com, a company run strictly from the internet has been able to strive not by opening numerous branch stores but via the Internet. As demand goes up, supply will have to go up as well and many companies wont be able to afford to ship products long distances. The internet wont make things any easier on the companies though.

Common topics in this essay:
, Digital Age, Internet Internet, smart chip, internet able, digital age, bills coins, able purchase,

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Approximate Word count = 585
Approximate Pages = 2 (250 words per page double spaced)

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