Our Money, Our Selves

Weatherford, Jack

doi:10.1111/an.1998.39.4.13.1

Cited by 4 publications

(6 citation statements)

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“…This literature review provides an analysis of the origin and evolution of money, tracing its beginnings from bartering systems to the current digital economy. Furthermore, it examines the challenges encountered by various forms of currency throughout history (Gupta, 2019;Weatherford, 1998).…”

Section: Discussionmentioning

confidence: 99%

“…One of the significant challenges encountered by currency is its debasement, which is a consequence of overproduction, inflation, and counterfeiting (Ingham, 2004). Another challenge is the instability that currency can experience due to political and economic circumstances (Gupta, 2019;Weatherford, 1998). Furthermore, technological advancements have also contributed to the development of new forms of currency, which has introduced new challenges in terms of security and regulation (Kshetri, 2018).…”

Section: Discussionmentioning

confidence: 99%

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Reviewing Currency Challenges and The Future of Money: The Gouantum

Naguib

2023

EJBMR

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The future of money is changing, and a new era of digital currencies is emerging. The traditional fiat and gold currencies face several challenges such as volatility, security issues, and limitations in transact ability. On the other hand, the cryptocurrency, despite its potential, also has limitations in terms of scalability, security, and widespread adoption. In this paper, we aim to address various currencies’ limitations and introduce a new currency concept that could mitigate most of the current currencies’ challenges and limitations. The new digital currency we proposed, combines the best of both fiat and gold currencies and overcomes the limitations of cryptocurrencies. By being backed by physical gold, Gouantum could provide stability and security, and by using blockchain technology, it shall enable fast and low-cost transactions. The paper provides a comprehensive overview of the challenges faced by traditional fiat and gold currencies and the limitations of crypto-currencies, and how Gouantum addresses these issues. The paper concludes that Gouantum has the potential to change the future of money and revolutionize the financial industry.

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Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

Reviewing Currency Challenges and The Future of Money: The Gouantum

Naguib

2023

EJBMR

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“…In ancient Aztecs, chocolate was used for money. Meanwhile, Nicobar Islanders used coconuts, Norwegians used butter, and the Chinese used salt (Weatherford, 1996). Money makes the exchange of things possible for people, even of different races, languages, and religions.…”

Section: Introductionmentioning

confidence: 99%

“…Money makes the exchange of things possible for people, even of different races, languages, and religions. It is no wonder that Alpha Behn (in Weatherford, 1996) wrote, "Money speaks sense in a language all nations understand".…”

Section: Introductionmentioning

confidence: 99%

Female Representation on Banknotes: A Semiotic Analysis of 2022 Indonesia Banknotes

Hadylaya¹

2023

aspikom

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Besides their economic value, banknotes have a symbolic value through an expression of cultural identity that forms a nation. Generally, the customary design of banknotes in most countries issued by financial authorities is the portrait of notable male leaders. This research examined the banknotes for the 2022 emission yearissued by Bank Indonesia to emphasize the frequent representation of male and female images used in the issued currency. Using the interpretivism paradigm with semiotic methods, this research found that on the surface, Indonesian banknotes in the 2022 emission year seem to show a sense of appreciation for women and femininity in Indonesia but in essence still lack a sense of justice towards women.

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“…Historically, from the earliest days of tribal or sovereign trading until recently, cash had been the unquestioned leader of consumer transactions. During the reign of Croesus in Lydia (6th century BCE), the kingdom minted metal coins to store and measure value, providing a price to compare vendors and product offerings (Weatherford, 1997). While Chinese emperors and the Mongol khans developed the first paper currency, the Bank of England and the Swedish Riksbank began the ongoing national issuance of paper notes in the 17th century (Arvidsson, 2019).…”

Section: Introductionmentioning

confidence: 99%

No card, no service: Challenges faced by vulnerable populations of a cashless society

Horne,

Collins

2023

Business and Society Review

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How people pay is critically important to consumers and businesses alike. Many consumers are choosing to pay for goods and services from an increasing number of options. Tech‐savvy urbanites buy coffee by tapping their phone on a reader. Parents returning from a night out use peer‐to‐peer payment apps, such as Venmo, to pay the sitter. The recent explosion of financial innovations promises faster, more efficient, and cheaper transactions. These increasing digital payment options coincide with decreased number and volume of cash transactions. However, vulnerable populations face more constrained payment choices and often rely exclusively on cash. Without experience, devices, or acceptable credit histories, vulnerable populations may have little access to digital transactions. The advantages of falling digital costs and other benefits thus accrue to the digitally connected. At the same time, those who must transact in coins and paper money are likely to find their relative costs increasing. This paper highlights payment trends and the potential impact on vulnerable populations in the United States as we move toward a cashless society. This paper should stimulate discussions of public policy initiatives to mitigate digital payment issues for vulnerable people.

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Our Money, Our Selves

Cited by 4 publications

References 0 publications

Reviewing Currency Challenges and The Future of Money: The Gouantum

Reviewing Currency Challenges and The Future of Money: The Gouantum

Female Representation on Banknotes: A Semiotic Analysis of 2022 Indonesia Banknotes

No card, no service: Challenges faced by vulnerable populations of a cashless society

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