Category: Business

Banking, as we all know it, has been around since the primary cryptocurrencies were minted-perhaps even before that, in some form or another. Currency, especially coins, grew out of taxation. Within the youth of ancient empires, annual taxation on one pig may are reasonable, but as empires expanded, this sort of payment became less desirable. However, since the Covid situation, not only have we appeared to move to a "cashless" society, (as who wants to handle potentially "dirty money" during a shop), and with "contactless" MasterCard transaction levels now increased to £45. Now even tiny transactions accepted, as a daily newspaper, or bottle of milk, get paid by card.