50 Venmo Requests So Delusional, People Just Had To Shame Them Online

Smithers recently published a report where they found that digital currencies are becoming more and more popular in society.

For instance, in the United Kingdom, the use of cash has dropped substantially, from 21% in 2016 to 12% in 2020. Meanwhile, in developing economies, the share of adults making digital payments rose from 35% in 2014 to a whopping 57% in 2021. The world is going digital.

Some people are very worried about the world slowly going cashless. Some feel that institutional trust isn’t enough: currencies also need to be backed up by tangible assets.

In the past, that would have been precious metals like gold and silver.

Alas! Times change and more and more people are embracing a fully digital way of life. Which is (arguably) better for transparency and convenience, but it also means that your movements and transactions are far more regulated than some would like. It’s a delicate balance between convenience and independence.

Meanwhile, when all transactions are logged in a (metaphorical or very real) digital spreadsheet, you might argue that the question of ‘value’ becomes a very important one to raise. How much are your wages and savings really worth if some central bank can inflate the money supply? Do you really own as much as you think you do if you can’t take out all of your savings whenever you want to?

One thing’s for certain, though: digital payments aren’t going the way of the dodo any time soon. So Venmo responsibly and try to avoid becoming entitled like some people! Don't let money (either its lack or desire for it) distract you from life's real priorities like family, generosity, travel, and all the other things that your heart yearns for.