🚀Innovation Transition
Fiat money hasn’t been fully digitized yet. It's like you still need to have a physical CD for digital music.
There are online wallets such GCash and Maya but the balances are still tethered to the paper money you can claim.
Sample:
| Old | New |
|---|---|
CD | Digital music (Spotify and Apple Music) |
Newspaper | Online news |
Books | Kindle |
DVD | Netflix |
Fiat money | Bitcoin / Crypto |
Innovations take time. Just be patient and look at other transitions.
| Old | New |
|---|---|
Feature phones | iPhones and Android phones |
Taxis | Grab or Uber |
Hotels | Agoda, Airbnb, and Booking.com |
9 to 5 jobs | Remote work |
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