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Author Topic: Evolution of Money  (Read 1916 times)
USDC
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November 05, 2018, 01:39:53 AM
 #181

Money to a swap method to buy commodity and services, before non exist, the unit to swap the sale that are the values are equivalent (ví dụ: rau quả, animal, realfood, ...)
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bravehearth0319
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November 05, 2018, 01:56:31 AM
 #182

After knowing how money evolve through the century, next is how could this evolution be significant to the evolution of a new technology by the coming of the cryptocurrency. I think if money took a century to fully estanlished its presence, that would also be a very challenging times for cryptocurrency to fully function as it was designed to.
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November 05, 2018, 02:24:13 AM
 #183

From the time of the early civilization of man, there have been several means of trading or exchanging. Starting from barter trading where people used to exchange goods for goods or service for service, to the era where cowries and other scarce items where used as a medium of exchange. The era of Fiat came and has existed till now. However, as technology advances and convenience becomes the taste of many, cryptocurrency is created to provide a revolutionary form of payment.

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November 05, 2018, 02:59:35 AM
 #184

Heyyy Guys , found this article really interesting :

https://medium.com/@arnoldmuimi/evolution-of-money-ba8609f5f198

What do you think ? This is how money was invented .
Yeah it is really a goodr article as money for now is everything,not only a medium for payments but also a way to gain power and remain being on top.this once use for payments is now the only thing that matters for most of the people worldwide,and i am keep on asking that until where this will brings us..specially now that cryptocurrency comes and the function is easily to use
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November 05, 2018, 03:20:48 AM
 #185

The evolution of money or ordinary things that we understand in that era is very common, especially our trade in the trading system used to use exchange systems to exchange goods has changed using money, money in the past was in the form of gold and silver and is now replaced with paper money, and began to change again began to be replaced with digital money and this is very reasonable, in the future bitcoin is very suitable to be used as a future currency.
wahyu wida
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November 05, 2018, 04:11:40 AM
 #186

From the time of the early civilization of man, there have been several means of trading or exchanging. Starting from barter trading where people used to exchange goods for goods or service for service, to the era where cowries and other scarce items where used as a medium of exchange. The era of Fiat came and has existed till now. However, as technology advances and convenience becomes the taste of many, cryptocurrency is created to provide a revolutionary form of payment.
the development of defense equipment is inevitable. we have to follow it, even though on the way it takes many obstacles. but in the end everything will reach its destination. sometime later it applies to cryptocurrency
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November 09, 2018, 02:43:03 PM
 #187

After knowing how money evolve through the century, next is how could this evolution be significant to the evolution of a new technology by the coming of the cryptocurrency. I think if money took a century to fully estanlished its presence, that would also be a very challenging times for cryptocurrency to fully function as it was designed to.
Evolution will occur in the world financial system, the payment system will change from cash that is increasingly obsolete and becomes a digital currency that will be more flexible and environmentally friendly. but that does not mean the cryptocurrency will be a pioneer at that time? Fiat could have a new breakthrough for the digital currency..
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November 09, 2018, 02:47:01 PM
 #188

Evolution of money...

before:
Barter- we exchange from product to product or services.
Gold/silver- we use them to buy some product or services.
FIAT- This is the present currency we are having now!
Crypto- the future of the world of currency...
rollingstorm45
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November 09, 2018, 04:09:27 PM
 #189

I imagine if Fiat doesn't get trust anymore and this will have a very bad impact on the evil plans of every big person associated with conspiracy, but I also think that crypto currencies also have reserve goals made by the same party for plan B.

I just assume, but if the crypto currency is really able to make everything more fair, then this is actually a very good tendency.

wingsthegreat21
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November 21, 2018, 01:28:30 AM
 #190

Basically money is the most essential invention of modern times and it has undergone a long process of historical evolution even Human beings passed through a stage when money was not in use and goods were exchanged but still it needs some thing to get directly for one another such as exchange of goods for goods was called barter exchange or trading different things to a new one and these inconvenience and drawbacks of barter led to the gradual use of a medium of exchange like what we millennial often do nowadays.
daarul50
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February 05, 2019, 08:06:11 PM
 #191

Everything in this world will surely experience changes including financial matters. Humans only experience changes in both nature and physical, ranging from infants to toddlers to young children to adolescents continue to grow into adulthood to old age. Even so with currency, over time cash will shift in the form of digital where the era has now become the era of digitalization.
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