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From Barter To Biochips

From discussing bartering 6000 years ago to using cash and now digital payments, technology has advanced how society conducts transactions. The document discusses a video predicting that a cashless society may lead to requiring people to have a mark to make purchases as described in the Bible. It outlines the transition to digital payments through smart cards, surveillance technology, RFID chips, and microchip implants. While providing convenience, these developments also raise privacy and data security issues if cash becomes obsolete and all transactions are monitored.

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Klester Kim Sauro Zita
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265 views

From Barter To Biochips

From discussing bartering 6000 years ago to using cash and now digital payments, technology has advanced how society conducts transactions. The document discusses a video predicting that a cashless society may lead to requiring people to have a mark to make purchases as described in the Bible. It outlines the transition to digital payments through smart cards, surveillance technology, RFID chips, and microchip implants. While providing convenience, these developments also raise privacy and data security issues if cash becomes obsolete and all transactions are monitored.

Uploaded by

Klester Kim Sauro Zita
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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From Barter to Biochips

A Reflection Paper
As our society progressed, so did our way of living. Technology made this possible, and
one of its applications can be seen in our daily transactions. We have come a long way from
doing bartering in 6000 BC to using paper money and now the use of debit and credit cards for
cashless transactions.
Our fast-paced shift to a cashless society was discussed by the person in the video. She
relates this to the words in the bible where she said that the bible already predicted this and that
in the future, you cannot buy and sell anything or conduct business unless you have the mark of
the devil in your arm or forehead.
In the beginning, she said something about the inequality in our society, which I
completely agree with. Those rich, greedy people are really hoarding most of our resources,
leaving the minority with little to nothing at all. This is the product of capitalism and I agree that
this should really change.
The next topic she discussed was our transition to a cashless society via smart cards,
surveillance-powered technology, RFID, and microchip implants. First, about the use of smart
cards. One cannot deny that this has been helpful to us since it was created. It is very
convenient, fast and can be used in different kinds of transactions. With all the technological
advancements in society, the banking system has also done its best to improve its services.
That is why smart cards, credit cards, and ATMs were created. This gave rise to electronic
banking through ATMs. Our system of transactions is also expanded and accelerated through e-
commerce, where all our transactions are done online.
Furthermore, the use of smart IDs and surveillance-powered technology, which is
monitored through GPS, is also mentioned. These are also great developments, for they contain
lots of information that is very helpful for faster processing of transactions. The use of GPS also
reduces crimes and keeps order in the community.
RFID tags and microchip implants are also tackled. The purpose of this is almost the
same as with credit cards. It gives convenience and makes transactions fast and contactless
since RFIDs and microchips use electromagnetic fields to automatically identify and track tags
attached to objects, meaning they can be processed even at a distance.
However, these advancements also come with problems that people should be aware of.
Our transition to cashless transactions could also mean that cash may become obsolete in the
future. It also means that all our transactions will be monitored, our data will be stored, and our
privacy will be violated. And there will be at least one person who has all our information, and it
may be compromised. RFID based tech is always open, which means you could be traced from
a distance without you knowing. It is important to appreciate the developments that we have, but
we should also be aware of their dangers.

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