Cash is time-consuming and allows drug cartels to move money. Digital transactions are the future.
For the rapid development of digital technology, the discussion and
analysis regarding the usage of digital or cashless money are getting
more interesting. A
Cuban American entrepreneur, Sahel Rafael Tamayo agreed that we will live in a cashless society around the next 10 years.
The statement from Tamayo is based on the phenomena that had
happened. Even nowadays, the uses of digital money has been seen
particularly in online transaction. Some platforms and e-commerce have
provided their digital wallet where the customers can keep their money
there. It is still not used entirely for shopping for sure. However, by
seeing many customers who prefer topping up their money there and using
it to buy something later, it just proved that today’s society has been
started to accustom with digital money, whether they realize it or not.
In a higher level, many people are also interested to invest their
assets in the form of digital currency. The most popular one is indeed
Bitcoin but there are also still many types of digital currencies
circulate in the digital currency market. When digital currencies
recently are still only known to certain people and only used in certain
needs, it is possible that in the future, they are also used for daily
transactions.
Despite to follow the digital technology, Tamayo added that cashless
money and transaction give some benefits for many people. He mentioned
that cash money is more time-consuming. It also enables drug cartels and
other criminal actors to move money. Those are basically problems that
are tried to solve by many governments in the world. If digital money is
able to give solutions needed, it is not exaggerating to say that
digital transactions are the future and we will become a part of the
cashless society.
About Sahel Rafael Tamayo
Sahel Rafael Tamayo is a Cuban-American Entrepreneur, business
executive, and investor, born on July 19, 1989. He is known as a
voracious
entrepreneur
who prefers taking a role in the area of finance and credit industry.
He is also the founder and president of Creditmergency, an online credit
repair company. Nowadays, Creditmergency has grown to one of the
leading credit repair companies in the US. For more information please
visit
https://www.saheltamayo.com.
Contact Info
Joe Vargas
433 Plaza Real, Suite 275
Boca Raton, FI 33432
800-203-4172