Globalization or globalisation is the process of interaction and integration among people,

companies, and governments worldwide. Globalization has grown due to advances

in transportation and communication technology. With increased global interactions comes the
growth of international trade, ideas, and culture. Globalization is primarily an economic process of
interaction and integration that's associated with social and cultural aspects.
However, conflicts and diplomacy are also large parts of the history of globalization, and modern
globalization.
Economically, globalization involves goods and services, and the economic resources of capital,
technology, and data.[1][2] Also, with the expansions of global markets liberalize the economic
activities of exchange of goods and funds. Removal of Cross-Border Trades barriers has made
formation of Global Markets more feasible. Globalization and its Impacts on the World Economic
Development. The steam locomotive, steamship, jet engine, and container ships are some of the
advances in the means of transport while the rise of the telegraph and its modern offspring,
the Internet and mobile phones show development in telecommunications infrastructure. All of these
improvements have been major factors in globalization and have generated
further interdependence of economic and cultural activities around the globe.[3][4][5]
Though many scholars place the origins of globalization in modern times, others trace its history long
before the European Age of Discovery and voyages to the New World, some even to the third
millennium BC.[6][7] Large-scale globalization began in the 1820s.[8] In the late 19th century and early
20th century, the connectivity of the world's economies and cultures grew very quickly. The
term globalization is recent, only establishing its current meaning in the 1970s.[9]
In 2000, the International Monetary Fund (IMF) identified four basic aspects of
globalization: trade and transactions, capital and investment movements, migration and movement
of people, and the dissemination of knowledge.[10] Further, environmental challenges such as global
warming, cross-boundary water, air pollution, and over-fishing of the ocean are linked with
globalization.[11] Globalizing processes affect and are affected by business and work organization,
economics, socio-cultural resources, and the natural environment. Academic literature commonly
subdivides globalization into three major areas: economic globalization, cultural globalization,
and political globalization.[12]
 sweatcoinapp.uk/hi/elmore348237

This high school dropout who

invested in bitcoin at $12 is now a
millionaire at 18
 Erik Finman began investing in bitcoin in 2011, when it was just $12 per token

 Through selling companies and other investments, he now has 403 bitcoins —
worth more than $1 million

 Erik Finman made a bet with his parents that if he turned 18

and was a millionaire, they wouldn't force him to go to college.
Thanks to his savvy investments in bitcoin and the current all-
time high valuation, he won't have to get his degree.
 "I can proudly say I made it, and I'm not going to college,"
Finman said.
 He currently owns 403 bitcoins, which at the current $2,700 a
coin puts his bitcoin value at $1.09 million. He also has smaller
investments in other cryptocurrencies, including litecoin
and ethereum.
 Bitcoin is very volatile, and the value could decline rapidly. A
technical analyst told CNBC he believes bitcoin will only go up
to $2,800 before the value recedes, while others think it
may reach $100,000 in a decade.
 Finman thinks its best days are still ahead. "Personally I think
bitcoin is going to be worth a couple hundred thousand to a
million dollars a coin," he said.
 Bitcoin and the blockchain technology it is built on allow people
to cut out the middleman, Finman explained. For example, an
open source blockchain ride-share platform would allow users
to power the service on their phones using peer-to-peer
technology without a central hub. It would allow the drivers to
get more money by cutting overhead costs, he added. It could
also create the next evolution of the internet, one which
wouldn't be reliant on servers.
 The first time, he turned $1,000 into $100,000

 Finman began investing in bitcoin in May 2011 at the age of

12, thanks to a $1,000 gift from his grandmother and a tip
from his brother Scott.
 Though he's close with his family — which he calls the "Elon
Musk version of the Kardashians" — growing up in "small town"
Idaho outside of Coeur d'Alene wasn't easy. Finman was
especially frustrated with his high school teachers, and begged
his parents to let him drop out at 15.
 "(High school) was pretty low quality," he said. "I had these
teachers that were all kind of negative. One teacher told me to
 drop out and work at McDonald's because that was all I would
amount to for the rest of my life. I guess I did the dropout
part."
 Surprisingly, his parents — who met pursuing their Ph.D.s at
Stanford — agreed. Finman sold his first bitcoin investments at
the end of 2013, when they were valued at $1,200 a piece.
 With the $100,000 Finman launched an online education
company called Botangle in early 2014 that would allow
frustrated students like him to find teachers over video chat.
He also used the funds to move to Silicon Valley, did some fun
things like meet Reddit co-founder Alexis Ohanian and
traveled.
 "I really liked Colombia," he said. "It was fun, but a little
sketchy. Some interesting stuff happened. I was held up at
gunpoint there, which is pretty scary, but I have this
emergency button I programmed in Android that puts you on
speaker but turns off audio automatically and dials [a local
emergency number]."
 "Maybe I'll turn that into an app," he added. "It's handy."
 It was hard getting people to take a 15-year-old tech
entrepreneur seriously, Finman admitted. He recalled being
called in to interview with a "really, really high-up" unnamed
Uber executive, who instead of listening to his Botangle pitch
discouraged him and told him he would never win the bet with
his parents.
 Eventually he found a buyer for Botangle's technology in
January 2015. The investor offered either $100,000 or 300
bitcoin, which had dropped in value at that time to a little more
than $200 a coin. He took the lower cash value bitcoin deal
because he believed it was "the next big thing."
 "My parents asked 'Why don't you take the more cash?"'
Finman explained. "But I thought of it more of an investment."
 Since then, Finman has been managing his family and his own
bitcoin investments. He's also kept busy on other
projects, including working with NASA to launch a rocket
through the ELaNa project. One thing he won't do is go back to
school.
 "I never got my GED, and I don't see the value in it," Finman
said. "The purpose of that would be to get another education
level and get a job. I had to learn through running a business.
Instead of writing essays for English class, I had to write emails
to important people."
 Although the rest of his family has degrees — his brother Scott
went to Johns Hopkins at 16 and now has an enterprise
software company, while his other brother Ross went to
Carnegie Melon at 16 for robotics and is now pursuing his Ph.D.
at MIT — he's happy learning about the real world from
experience.
 "The way the education system is structured now, I wouldn't
recommend it," Finman said. "It doesn't work for anyone. I
would recommend the internet, which is all free. You can learn
a million times more off YouTube and Wikipedia."