Getrichfast's Posts
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Sorry for my inability to quote you. In your essay, it could be seen that you made mention of a cyber hack in the USA. It is clear that the USA is not running a cashless society. Hacking happens in all walks of life. So why use the issue of hacking?? Whether or not nigeria runs a cashless society, people will still hack bank accounts and ATM's @aysuccess |
aysuccess is supposed to post in blue na, what is going on?? |
Good evening chairman, coordinators, my highly esteemed judges, co-debaters and audience CASHLESS SOCIETY SHOULD BE INTRODUCED IN NIGERIA SO AS TO HAVE A STABLE ECONOMY Over the course of history, there have been different forms of payment systems. Originally barter was quite common. Eventually various forms of money were introduced. In the mid twentieth century, charge cards and notes debuted. Ever since then, pundits have been predicting the demise of paper instruments and the emergence of a cashless society. A cashless society could be defined as one characterized by few notes and coins in circulation issued by a central bank. Within the last decade or so, our world has become rapidly more digitized, For example we now have internet purchases and social interactions made via short message service (SMS), e-mails and social networks on the internet, two important factors that have contributed to this development are the use of mobile phones and the use of the internet¤¤a part of the above mentioned digital purchases is digital payments. And when everything else is mobile, the payments have to be mobile too; we have to be able to pay for goods and services no matter where we are. Thus there is a need for an electronic wallet, an e-wallet, with which mobile payments can be made. Mobile payments are defined as payments for goods, services and bills with a mobile device such as mobile phones, smart-phones, or personal digital assistant (PDA) by taking advantage of wireless and other communication technologies. The electronic cash payment system is very convenient, even people who are ill can use it from their sick bed. The time it saves for an individual cannot be overlooked; someone who works in an office can pay his bill from his office without much stress or waste of time. In a cashless economy money is easily accessed, money is instantly available for everyone without having to be carried around while currency exchange will be largely unnecessary. ¤¤ A cashless society will be a big booster for bringing economic uniformity in the world. A cashless society will further enhance the globalization that characterizes our present time. Replacing paper cash with cashless credits or electronic money transfers will also minimize illegal drug trade, human trafficking, terrorism (will have less access to physical money) and corruption. ¤¤ A cashless society will go a long way in making our society and the earth a better place to live in. Physical money in not traceable, unaccountable, easy to hide or lose, steal, counterfeit and spend without a trace. As such, paper money has allowed all sort of criminal activities to thrive. In a cashless economy, violent crimes such as bank robberies, store hold ups, armed robberies, employee cash theft, armor car heists, kidnap for ransom and purse snatching would be significantly reduced if not entirely eliminated. A cashless society would check crime rate health problems and the environment; these in turn affect the economy of the nation. Robbery cases in the country would reduce drastically because people would carry only small amount of money or none, wherever they go or in their homes. Stealing would be discouraged because what they would get from a robber attack would be so small. People who engage in illegal businesses would also be affected. Most of these illegal businesses involve the use of cash because of lack of trust between the parties and to avoid being tracked if one party is caught. A cashless economy would discourage such illegal transactions and subsequently save the nation billions of naira that is lost to illegal activities nationwide e.g. oil bunkery. There is also the reduced risk of transferring diseases in a cashless economy. Citizens would be less likely to become ill due to contamination from bank notes and coins, as cash has been identified as disease carriers and medium of disease transmission.¤¤the environment also is not spared because the resources used for making coins, notes, polymers etc. Are gotten from our natural environment, mining, plumbing, excessive farming and the use of harmful chemicals affect our environment negatively. This indirectly affects the life standard of the people living in our country. ¤¤This cashless policy will also help reduce corruption. Paper money is untraceable but e-money can be easily traced, this will discourage our corrupt politicians from looting our money. In short, this new policy will help make life easier and more comfortable for everyone. I'll advise anyone who thinks this policy will fail to go back and do a little research on how people reacted when GSM was first spoken of in Nigeria, it was condemned by pessimists, but today we are all enjoying its presence. I am convinced that if the CBN fully introduce a cashless system in Nigeria it would be a huge success ; what we should all be talking about is how to make it successful and not how to stop it. |
pls, can i post my essay now.....i will be available for rebuttals through my phone....but if i dont post it now via pc, posting later wont be that easy |
Name: getrichfast(1st speaker) school: NDU Team: supporting |
Pls sum1 should post a link to the thread, av declared my presence here already, , bt i nid to do it der also 4rm wah m reading |
Today z 20th ryt....av 4goten wer ah kept ma calender. Name: getrichfast school: NDU topic: sumth bout cashless society(itz long) team: supporting |
Lest i forget, i just opened 4 new blogs, i wuld like to display your articles on my blogs. Nt d ones u r putting up on kindle o. If u read d rules, u wuld c itz against deir policy. So if u have an article, story or anything, contact me on 08032700738. Itz completely free. It wuld also help boost traffic to ur link, blog, or kindle product page. The mre popular u are, d mre patronage u get. Wtz in it for me u might ask.....wel, tiz simple, i need rich content, full credits stil go bck 2 u d author thoug |
royalads: @getrichfast: are you a learner? @ all, see the link for the kindle ebook generator for freewasnt stupid wen i did dat, only a wise persn wuld c dat i clearly gave out d complete name of d software, and go n browse broda google for it. Ur one of them. Nt here to exact money 4rm any1. M on d same track as u guys. Ah luv trying out new tinz. N nw bck to business....OP, r poetry books accepted, 2ndly, what happens to d books after amazon showcases dem for 30days |
No wonder the kindle ebook generator i bought is on high demand. i never thought of it being useful since i enjoy blogging. But i installed it. The interface lets you choose 1) how many pages u want your kindle ebook to have 2) whom you wanna accord credits for the book to 3) a title, and content provision for each page 4) you get to specify the number or amount of content you want per page 5) amongst others, but most of all, the generate button, in Kindle format i think you wuld still have to design the cover yourself, but the content would now be easier, as you can work on different chapters simultaneously. i kept the software setup cuz of how much i spent on it.....N6, 500 to be precise. After reading this thread, i must say, now i know why it was damn too expensive.. for those that might want the setup for the software, i was thinking of giving it out for in the mean time, i'll hurry and start putting what i have seen here to good use. THank you so much @op....i really appreciate this |
guys guys.....hope u all tank me for dis lata. try dis......copy the link from ur mail. den open www.ninjacloak.com.........paste ur link in d box down. make sure u untick dose small 3 boxes under. when d site opens, u will be asked for your number. goodluck....my name is pricy. u can thank me through 08032700738......spent like an hour b4 i came up with the idea |
Nani4all: Thread for salelolz....hw much |
Tenison96: This thread needs resurrection....b4 dt can happen, we have to crucify it....sumbody shuld bring d cross.... M gona watch dis thread say the 'seven words' on the internet |
Dis is incomemachine...... Lolz, ah luv introducing maself |
cimetidine: I'm nt here to joke, Fynest...answer d questn especially abt d lengthy post.the maximum was changed from 850-1000 words, so it cant be more than 1000. And as for the white, itz not allowed. Green has been assigned to the supporting team, and blue to the opposing team. Tnx |
Elliotwiz1: Income machine pls don't be angry my phone is spoilt, i can view pages but anytime i tried to type, it goes blank. i can use the phone only if i don't slide it up. i even paid someone to use his nokia2700 but he came minutes after we posted our essays to collect his phone. i tried using my sister's bb to reply the first question i was asked, then she told me she wanted to leave, i was so frustrated, like everything was planned.nah p bro....nah big deal. Hope u wuld b ready next time doh. Nice job out dere today, proud of yh...*thumbs up* |
I-am-Winner:same here, with full force too....so be ready |
I-am-Winner:lolz, ah just click back, and click submit again |
I-am-Winner:d most frustrating moment, that moment wen ur frozen in time reasoning that u lost by 1 point |
Too much questions....God!!..... I tink i lost some of my ability to think in that debate... |
I-am-Winner:it was nice competing with you too, i must say i learnt alot. Kudos to you both |
The Last Nazgûl: I'm tired of explaining the same point repeatedly like a broken record. I'd advise you go to a quiet place and mull things over.getting grumpy....bad sportmanship |
Incredyable: The effect of western civilization on Nigeria cannot be over -emphasized. western civilization has done more good than bad........ dazall.......you are not in a position to determine that dear. Things are good and ok in your area doesnt necessarily mean its the same for everybody in their own area |
I-am-Winner:like you said, we are entitled to our own decisions, so believe you me, you cant speak for every man |
The Last Nazgûl: . I never advocated or campaigned for a total abandonment of indigenous cultures.but it is as a result of the so called western civilization you stand for, and the tremendous rate at which its impact dawned on us that brought about this |
The Last Nazgûl: . First off, ceteri paribus, no system is perfect and 'western civilisation' is no exception to this as it is plagued with it's own attendant snags and drawbacks. I never advocated for a total neglect of local ways. As I said earlier to one of the questions I fielded, a culture ought to accept and adopt the tenets of another culture without jettisoning it's own principles.what can you say about that when nigeria is involved, we have been so influenced that our own principles hardly exist to us |
The Last Nazgûl: No, I am not as I do not seek undermine the ingenious contributions of the oriental culture(acupuncture et al) and sundry other cultures, that'll be a fallacy of the worst sort. However, the giant strides of Europeans such as William Rottengen ( Discovery of X-rays), Pierre and Marie Curie, Evangelista Toricelli, Alexander Fleming and sundry others cannot be ignored.so why then cant we cross breed and get a hybrid, rather than dumping ours completely for theirs |
I-am-Winner:you cannot speak for everybody. You cannot sum up every man's point of view into the thoughts of just one person. Dont you think that is one of our problems. The world has accepted USA to be number one. That does not define equality. What then would happen if the US fails in its obligations?? Should we always be tied down to the westerners?? |
I-am-Winner:i believe you speak for yourself, but what about the majority whose low esteem is as a result of inferiority to the westerners |
Incredyable: We all know that Britain colonized America but America is No 1 in the world today, this is because they adopted what they think and know will help them succeed.nobody said it should be abolished. We are only emphasizing on the damage it has caused to our culture |
I-am-Winner:and you believe the likes of this dont happen within some of the said civilized countries. An example racism is not distant when compared to the osu caste system |
Incredyable: Let's assume that this western culture was brought to uniben alone and ndu remained in our old culture, in a competition like this how would you participate knowing fully well that English language is the accepted language and any other languages are vernacular. Western education has done more good than bad to us both individually and nationally.my question is how will you cope in the society as a whole?i cant cope with them, and they cant cope with me either. Fine, the introduction of one official language is good, but does that mean we should abandon ours. Ok, take for instance, the official language has been introduced, some learnt, some didnt. Isnt that worse, majority of people within your own tribe would not even be able to commune with you, because you dont have a cultural language background |