SmartCash. Is not a Revolution, It's a Financial Freedom Evolution.

SmartCash

SmartCash is continuously thriving to become a successful community driven economic platform that will give it's User(s) Power of Privacy and decentralization through Zerocoin protocol and SmartHive Governance Platform respectively.

What is SmartCash ? How it's (SmartHive) Community functions ? And it's features are well explained in this blog : https://steemit.com/smartcash/@cryptodate/smart-cash-for-the-community-by-the-community-set-to-change-the-rules-of-finance-economics-and-governance (have a quick look at it...)

Who is behind SmartCash ? What is their vision ? What is the importance of privacy ? Are few questions that have been explained well in this blog :
https://steemit.com/smartcash/@cryptodate/smartcash-a-privacy-centric-decentralized-economy (don't forget to check it out, if you haven't already)

In my previous blog I informed you that that there are tons of secrets that SmartCash has. And I will stand true to my promise to go ahead and explore them together with you. There is a lot to inform you all about and I am not quite sure where to start from. There are so many secrets this little economy has that one just cannot sum up it up all together at once.

So lets start by laying all the facts on the table one by one and try to find out if it makes sense.

SmartCash is a privacy-centric, decentralized Economy. Key word here is Economy. So in order to understand the concept behind it we will have to invest a little time to understand the Basic concepts of Economy together.

What is an Economy ?

Traditionally (i.e inclusion of Corporate Giants, Governments and Banks), An economy is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given geographical location in various countries. In a typical economy, Labor is responsible for production of good or services, a Merchant is responsible for distribution or trade, Consumer/User(s) is responsible for consumption of services or goods

What is meant by 'Economic Growth' ?

Traditionally (i.e inclusion of Corporate Giants, Governments and Banks), Economic growth is an increase in the capacity of an economy to produce goods and services, compared from one period of time to another. It can be measured in nominal or real terms, the latter of which is adjusted for inflation.

As consumption of a good or service increses, the need for increase in it's distribution and production increases naturally and thus constituting the overall growth of an economy.

Causes of Economic Growth.

Traditionally (i.e inclusion of Corporate Giants, Governments and Banks), There are only a few ways to generate economic growth.

The first is a discovery of new or better economic resources. An example of this is the discovery of gasoline fuel; prior to the discovery of the energy-generating power of gasoline, the economic value of petroleum was relatively low. Gasoline became a "better" and more productive economic resource after this discovery.

Another way to generate economic growth is to grow the labor force. All else equal, more workers generate more economic goods and services. During the 19th century, a portion of the robust U.S. economic growth was due to a high influx of cheap, productive immigrant labor.

A third way to generate economic growth is to create superior technology or other capital goods. The rate of technical growth and capital growth is highly dependent on the rate of savings and investment, since savings and investment are necessary to engage in research and development.

The last method is increased specialization. This means laborers become more skilled at their crafts, raising their productivity through trial and error or simply more practice. Savings, investment and specialization are the most consistent and easily controlled methods.

How can SmartCash be termed as an Economy ?

SmartCash has a self-sustaining environment of it's own which has proven itself to be efficient enough to produce SmartCash through a process called Mining, which is one of the SmartCash's countless features. There can be additional services such as User(s)-friendly mobile wallets, Merchant-friendly Point-Of-Sale systems etc. which can be offered. Distribution is happening actively through their twitter campaigns and a positive growth on trading is quite visible on charts and Consumption shall follow with the implementation of a healthy and successful User(s) and Merchant(s) friendly system in place

How can it grow ?

As mentioned above growth is an increase in the capacity of an economy to produce goods and service. Looking at current Smartcash's campaigns and User Awareness Guide(s) availability @steemit, one cannot argue that SmartCash is working hard and diligently on User(s) acquisition right now and is also investing time in educating new users about it's services and features and how to benefit out of them to be financially independent. An educated and informed group of User(s) can end up being the most valuable asset to the community, who actively takes part in Mining, Distribution or Trading and Consumption of good and services, leading an economy to grow positively to begin with which can latter be catalyzed with the integration of a successful and healthy User(s)-Merchant(s)-friendly system(s), which would mean that Merchant(s) s can end up becoming an integral part of the system. This is where merchant acquisition strategies can come in place {(which you and I will explore together in my furture blog(s)}

User(s)

Anyone who operates or uses Smartcash's services can be termed as it's User.

The role of a User(s) in general is important in an economic system such as SmartCash because it is User(s) who demand goods and services.

What is the meaning of User(s) acquisition ?

User(s) Acquisition can simply be referred to a process of gaining New Users . Acquisition techniques can involve anything from running a twitter marketing campaign to organizing a community awareness roadshow.

Why is it Important ?

An active User(s) acquisition strategy is a key component of any successful economy. If new economies must be both,** profitable and in a near constant state of growth**, then it stands to reason that they need it's User(s) to make that happen. Regardless of product or industry, an economy without rewarding it's User(s) is doomed from the start

Using appropriate User(s) acquisition strategies can help economy such as SmartCash to grow, and targeted User(s) acquisition programs can help acquire the right users in a cost effective way. New Economies or those with less established products especially need to place a greater focus on User(s) acquisition. As an Economy matures, they can shift their focus to User retention. It’s important to keep in mind that User(s) acquisition costs often are higher than User(s) retention costs and therefore require a thorough analysis of the associated benefits. The acquisition benefits also need to be fully quantified in order for an economy to accurately gauge the relative value of their User(s) acquisition process. For established Economies to grow most effectively, they should find ways to attract, satisfy, and retain it's current User(s).

What is Smartcash doing to gain new User(s) and ? Where is it headed.?

SmartCash's Outreach Team is been running active campaigns on Twitter, Steemit, Facebook, Instagram and is working rigorously on User acquisition at the moment. Being inclusive from the very get-go do give them an upper hand in terms of marketing strategy since the Outreach Team is not leaving any stone unturned to create a buzz in the crypto-currency market.

Instagram:

Twitter:

And this is is just the tip of the iceberg, there is still a lot to explore, down this rabbit-hole. You and I will explore all the possibilities of such an economy to grow and thrive in today's world, in my next blog tomorrow @cryptodate. Till then, I want to share this little knowledge with you all about what I am gonna write next and will talk about all the healthy possibilities of Merchant acquisition.

Also, anyone who will download SmartCash Wallet, Set it Up and tweets about SmartCash, gets to earn SmartCash. To know more about it one can simply refer to this guide by @hannahlicious : https://steemit.com/cryptocurrency/@hannahlicious/how-to-set-up-your-smartcash-wallet-earn-free-crypto-just-by-tweeting-about-smartcash

For quick mining guide check out @hockleyj : https://steemit.com/smartcash/@hockleyj/smartcash-mining-on-pool-a-visual-guide-on-how-to-set-it-up

Merchant

A merchant is a person who trades in commodities produced by other people to earn a profit. A merchant historically was anyone who was involved in business as long as industry, commerce, and trade have existed.

What is Merchant Acquisition ?

Merchant acquisition can simply be explained as a process of gaining new merchants to increase a trade or distribution within an economy.

Traditionally (i.e inclusion of Corporate Giants, Governments and Banks), Merchant acquirers enable merchants to process credit and debit card payments and help in increasing sales by accepting the most popular cards to attract customers to their businesses. Typically, a card payment transaction involves two
sides: the first between the cardholder and the bank that issued their card; and the second between the merchant and the acquiring bank. This paper focuses on the second: the merchant acquiring side of the industry. Cardholders only deal with
merchants and the issuing bank while performing card transactions; they are not concerned with the merchant acquiring side of the industry. However, this second acquiring side of the industry contains a network of highly advanced intermediaries
who handle card transactions via authorization, clearing and settlement, and dispute management.

The role of key intermediaries in a typical card payment transaction is illustrated below.

Why is It Important ? What is being done for Merchant Acquisition ??? What can be the difference between Traditional Economic Model and SmartCash Economy ???

You and I will explore and find answers to all of these question together in my next blog tomorrow. There are tons of Smart Secrets this crypto-currency has, hence don't forget to follow @cryptodate for more interesting and informative Crypto-Updates.

If you believe in changing the world around you, then visit and check-out SmartCash's official website :
https://smartcash.cc/

Download SmartCash's Official Wallet :
https://smartcash.cc/get-smartcash/

Join on Slack :
https://smartcashinvite.herokuapp.com/

Buy From an Exchange :
Currently on: https://stocks.exchange, Cryptopia & CoinExchange.io

SmartRewards Guide:
https://steemit.com/smartcash/@cryptodate/smartcash-a-complete-guide-for-smartrewards-setup-what-are-smartrewards-how-does-it-pay-off-how-to-set-up-your-wallet-to-receive

SmartCash's Official Mining Pool :
http://pool.smartcash.cc/

SmartCash's Official Twitter:
https://twitter.com/scashofficial

SmartCash's Official Instagram:
https://www.instagram.com/smartcashcrypto/

SmartCash's Official Facebook:
https://www.facebook.com/smartcashcrypto/

If you find this content useful and informative and would like to Tip SmartCash (Donation Address) :
SNfKb17BNfkviwaXuCkEWrUFkEXV2vpCur

reference : https://smartcash.cc/