Do you think we'll use money differently when we shop online?

Yeah of course we do. This is a very long topic of discussion for me personally but I think that once we stop physically handling money, it becomes more of an abstract concept. Meaning that it's easier to spend more, we wouldn't care if something is only £3-5 more expensive online. Whereas, I really don't have this mentality when it comes to physical currency 💵

Certainly! Shopping online has already transformed the way we use money, and it's likely to continue evolving in the future. Here are some key points to consider: Digital Payments: With the rise of e-commerce, digital payment methods have become increasingly popular. Credit and debit cards, mobile wallets, and online payment platforms like PayPal have replaced traditional cash transactions for many online purchases. This shift towards digital payments offers convenience, security, and often faster transaction times compared to cash or checks. Cryptocurrency: While still not mainstream, cryptocurrencies like Bitcoin, Ethereum, and others are gaining traction as alternative forms of online payment. Some online retailers already accept cryptocurrencies, and as their usability and stability improve, they could play a more significant role in online shopping. The decentralized nature of cryptocurrencies also offers potential advantages in terms of privacy and security. Contactless Payments: Contactless payment methods, such as NFC (Near Field Communication) technology, allow for quick and easy transactions with just a tap or wave of a card or smartphone. This technology has become increasingly popular, especially in the wake of the COVID-19 pandemic, as it minimizes physical contact between individuals and reduces the risk of spreading germs. Subscription Services and Recurring Payments: The subscription-based model has become prevalent in online shopping, with services like Netflix, Spotify, and Amazon Prime and specially gcash (https://gcashworld.com/how-to-ca...) offering recurring payments for access to content or products. This model provides convenience for consumers and a steady revenue stream for businesses. As subscription services continue to proliferate, we may see more tailored subscription packages and innovative pricing models. Personalized Pricing and Discounts: Online retailers have access to vast amounts of data about consumers' browsing and purchasing behaviors, enabling them to personalize pricing and offer targeted discounts. Dynamic pricing algorithms adjust prices in real-time based on factors like demand, supply, and individual customer data. While this can benefit consumers by providing discounts on products they're interested in, it also raises concerns about privacy and fairness.