The internet is a double edged sword. So far social media
have seduced people and the corporates have joined the bandwagon. The point
being made here is the tendency for like-minded opinions to become localized (as
opposed to global opinion). To give an example none of the Twitter feeds or Facebook
posts on social media were ever about Mr. Donald Trump’s possibility of
winning. Even the holy grail of statistic number crunching guru Mr. Nate
Silver’s FivethirtyEight.com had no idea of the possibility. What this means is
that filter bubbles such as these or many like these are proving wrong and
ultimately harmful to society and growth in economy.
The true picture is
beginning to emerge from recent happenings
Most of these established pundits lull the people into a
false sense of security. It would be fair to sum up that these so-called
experts are the real scare mongers who have led the world astray for all these
years ; the financial crisis of 2008 is another glaring example.
Globalization is the key and no amount of protectionism is
going to stop it. Protecting borders from immigration is a personal matter but
trade and payments must and will always move across borders. As digital
transactions become the norm all over the world (at the moment less than 50% of
the world’s population are on the digital platform and they are mostly the
West) cross border payment solutions will enable more people to transact with
each other. In other words the transaction world will become smaller.
Payment Asia reviews is a
popular web hangout for people from different spheres who converse about such
financial matters that impact humans; other paymentasia reviews which is a subtext of the popular payment solutions company Payment Asia based in Hong Kong has conversations that
discusses concerns and possible solutions.
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