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Title: how does money come into existence ? Post by: Millzp0 on October 31, 2017, 01:51:17 AM why doesn't anyone ever ask the question of the most complicated issues of the natures of currencies and payment systems..
Title: Re: how does money come into existence ? Post by: junoreactor on October 31, 2017, 02:01:55 AM Well at the beginning it was all about trading, you want a piece of bread, you trade it against three apples.
But what if you want nothing in exchange of the piece of bread? Gold was obviously the valuable asset but it was hard to find and produce, so that's how money was born, immediately susceptible to corruption. When you look at the history of money and how it was created, it is very similar to cryptos. So long live cryptos ;) |