The Future Of Money
Muse Science Magazine for Kids|April 2019

From the gold standard to virtual tokens

Megan Donnelly
The Future Of Money

Ding, your online pizza order goes through. Buzz, a notification alerts you to mobile payment. Your friend returned the $6 she borrowed. Today we can bank, spend, and keep track of money with apps on our phones. Ask your parents how they used to handle money in the days before the internet. There’s a world of difference. Computers and smartphones have changed our financial lives. What will happen next?

Money In, Money Out

In the old days, people brought cash or paychecks to the local bank. A teller would assist them with a deposit and give a paper receipt. Tellers helped people withdraw money too. With the invention of ATMs in the late 1960s, it became possible to withdraw cash without waiting in long bank lines. By the 1980s and 1990s, people could use these machines to do many basic transactions. Those included looking at balances, depositing cash and checks, and withdrawing money from checking and savings accounts.

Today, some people skip ATMs altogether. Technology has made banking even more flexible. Daniel P. Starceski, a certified public accountant (CPA) in Pennsylvania, explains that smartphones have changed how we bank. “Our bank statements update as we make purchases and we can view these statements on our phone. In the past, we would need to wait for the bank statement to come in the mail. Another way that smartphones have changed how we bank is the ability to deposit checks with our phones.”

Points of Payment

この記事は Muse Science Magazine for Kids の April 2019 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Muse Science Magazine for Kids の April 2019 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

MUSE SCIENCE MAGAZINE FOR KIDSのその他の記事すべて表示
Who's Your Cousin?
Muse Science Magazine for Kids

Who's Your Cousin?

The great apes are among the most popular animals in most zoos. Their actions, facial expressions, and family life remind us so much of ourselves. Have you ever wondered, though, how we might look to them?

time-read
3 分  |
April 2024
Is it possible to die of boredom?
Muse Science Magazine for Kids

Is it possible to die of boredom?

To figure out if we can die of boredom, we first have to understand what boredom is. For help, we called James Danckert, a psychologist who studies boredom at the University of Waterloo in Canada.

time-read
1 min  |
April 2024
THE PROBLEM WITH PALM OIL
Muse Science Magazine for Kids

THE PROBLEM WITH PALM OIL

Palm oil is all around you. It’s in sugary snacks like cookies and candy bars. It’s in lipstick and shampoo and pet food.

time-read
2 分  |
April 2024
SERGE WICH
Muse Science Magazine for Kids

SERGE WICH

Serge Wich’s favorite days at work are spent out in the forest, studying orangutans in Sumatra and Borneo or chimpanzees in Tanzania.

time-read
5 分  |
April 2024
ELODIE FREYMANN
Muse Science Magazine for Kids

ELODIE FREYMANN

When you’re feeling sick, it probably doesn’t occur to you to try eating tree bark.

time-read
5 分  |
April 2024
Guardians of the Forest
Muse Science Magazine for Kids

Guardians of the Forest

EARLY, MAKESHIFT WILDLIFE DRONES HELPED TO DETECT AND PROTECT ORANGUTANS.

time-read
5 分  |
April 2024
APE ANTICS
Muse Science Magazine for Kids

APE ANTICS

The Whirling World of primate play

time-read
6 分  |
April 2024
Dr. Ape Will See You Now
Muse Science Magazine for Kids

Dr. Ape Will See You Now

HUMANS AREN’T THE ONLY  PRIMATES THAT USE MEDICATION.

time-read
3 分  |
April 2024
THE LEFT OVERS
Muse Science Magazine for Kids

THE LEFT OVERS

A lot has happened for modern humans to get to this point. We lost most of our hair, learned how to make tools, established civilizations, sent a person to the Moon, and invented artificial intelligence. Whew! With all of these changes, our bodies have changed, too. It’s only taken us about six million years.

time-read
6 分  |
April 2024
SO, WHAT IS A PRIMATE?
Muse Science Magazine for Kids

SO, WHAT IS A PRIMATE?

What do you have in common with the aye-aye, sifaka, siamang, and potto? If you said your collarbone, you re probably a primatologist—a person who studies primates. If you’re not, read on.

time-read
3 分  |
April 2024