Evolution of Money

[mostkey]

In This Century No One can not  Think without money.It is Essential For Us.Anything is used as a medium of Exchange that is called money.For the beginning of money In Our living hood, It Uses many things like a medium.They change rice to pulse and slowly they make coin.After all Technology Changes our life now we Use Cryptocurrency in our daily life.

the changing times have taken place. bitcoin and crypto is an evolutionary form of fiat currency. and this does not mean 1: 1. crypto currency proven to turn on many fields. such as companies that adopt bitcoin so as to facilitate the payment system to be done. I do not guarantee if bitcoin will replace the fiat. but I believe bitcoin will be one of the impetus for us to move into the digital world and begin to evolve and change the views and ways of thinking

[michellee]

right now money has evolve into something new like in a digital currency which we know that is applied in many store online and money become a new function that we could use to buy for something. we deposit some money into our account in that store online so we can buy any product in that store. in the beginning, money is a way to accommodate between buyer and seller to get the stuff and with some communicate, they are agree with the price and the buyer give the money to the seller.

[Jambolb2]

The ability to save and accumulate a transferable medium of exchange for our labor and creativity has made those qualities selected for among humans. Without money it is unlikely there would exist hospitals, universities, highways, the internet and most of the modern world. Despite the bitching from Luddites, the modern world is unmistakably far preferable to the primitive squalor most human lived short miserable lives in up until the 20th century

I have always wondered what will happen if there was nothing like money and nobody is getting paid for what they do. But I think if there is no money people will be very lazy and wouldn’t do anything help others or their community. Yep, that’s the truth. Most people are very selfish and they wouldn’t mind to do anything, most people would just be minding their own business and doing things in favor of themselves. Only a few would be helping out and working hard to help others and their community.

[Labajah]

Before money existed, barter was the way to purchase goods and services. Money evolved as the medium of exchange to buy goods and services. Even before Christ, money already existed. Now, bitcoin is the most recent evolution of money.

[kauban2018]

Evolution Money means when and where money started or invented or even dicovered?
This topic composed of different questions that a mind can have. People says you can't buy your happiness, but financial security is among most people top career priorities. Moreover, when people are asked what would most improve the quality of their lives, the most common answer is more money, something that satisfy someone's needs and wants. Money existed from the beginning up to the end of this world. Particularly money started from a single trading up to bank transacting. Money existed from the start, make used to survive by buying foods to eat, shelter to live and clothes to wear. We don't need to know where and when this started because we will never know where and when it will end. Bitcoin is part of the money existed in this world for it can be used to transact and satisfy one's need and want.

[Ridwan Fauzi]

I like this word 'money is a human creation that we can rewrite to our own demand' good articles and I think it's worth reading by everyone. Which I understand from this article money is everything to human beings. With money we can do whatever we want. With the development of our times will find a solution to simplify everything we need, see the development of money in this article from coin to paper money makes me sure will come a time where humans prefer to use digital money than paper money. All we know, the value of paper currency is determined by the government, we as users are limited to use only. However in cryptocurrency all currencies are determined by the user itself, no one can intervene in the change of price.

[JPablo]

everything change , money also and yeah will have pros and cons about the new system of money and we decide what we can do

For me Money was capitalized and controlled with everything.And with the help of crypto currency we can considered it as the most powerful rotation to be conducted as a great financial stability.

[cahgantenx]

the first payment instrument used is a barter system payment tool. Where at that time the trade by exchanging the worth for example rice, vegetables and grains. Then there is gold and then proceeded by fiat currency which is governed by the government in a country. Now this bitcoin appears that the purpose of making it easier to serve as a means of payment

[0t3p0t]

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 interesting article about the evolution of money and it helps us understand why and how it works and survive and what is more interesting is that we are now nearly in a cashless society where cryptocurrency has big role on this. I am very happy as I am part of the cryptocurrency evolution where it can possibly give us financial freedom unlike the precious metals and fiat money we are from since birth. That is why government must not judge cryptocurrency as a tool to do something bad because precious metals and fiat money has long been used in wars, assasination, drugs, fraud, laundering and any illegal activities thousands of years ago before Bitcoin was created.

[ASHLIUSZ]

Money evolved as an medium of exchange. In the early days valuable metals were exchanged for products, and later on the system changed with the monetary system with backing of different valuables. Particularly gold gained universal importance as an backing asset. Now the advancement has lead bitcoin to be backed by technology.

[pluMmet]

I know the money was evolved from the former times until now had only in the form of metal bronze to do the transaction or even with do bartering, while the developing his times then started using gold and now paper money a variety of the value of her and then the digital like bitcoin or digital currency another her, this I think is belong to evolution of money

[daarul50]

In ancient times people made transactions using valuables such as gold, metal, and others. After that, present the currency that we now know with paper currency (USD, EUR, CNY, and so on). Every age of the means of transactions used by humans has always evolved and they do not reject the evolution of transactions that occur. Different from bitcoin, there is a lot of rejection of this digital asset that is staying digadang as digital currency. Their fear is too much.

[Bunk67]

money is the medium of exchange for goods
the history of money was started by trade by barter which means exchange of goods for goods then someone may have gold, silver and may in need of food he will exchange what he have with what he need..

[chaoscoinz]

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 .

Wow, what an excellent thread and a spot on article. Where would the human race be as of today without use and means of money? Does money really build nations from the ground up? It appears that we are in the age of digital dynamics. Everything is becoming virtualized, even our good old money. Blockchain will pave the way, more innovation will come soon!

[SolomonSollarsNSense]

Interesting thing is to see, what will happen in a future of money evolution, heh. Now here we are with an electronic money and a birth of cryptocurrencies!

What are you thinking, that everything will change electronically or what? Stop deceiving yourself please, such thing is never gonna happen. That you invested all your money into cryptocurrency doesn’t mean we will do the same thing with you. Cryptocurrency is never going to replace anything, it’s just an asset and is only for investment. If that was possible Gold would have been used or something. You can’t do away with physical money, they will never go away. Banks already introduced ways to use your money electronically with the help of your mobile devices or computers.

[Crypto24hrs]

COMMODITY theory asserts that money has evolved spontaneously from one of the useful commodities through a long process of barter exchanges, and CARTAL theory argues that money was introduced by a communal agreement or political decree or legislative action that is external to the exchange process. whatever is the case people at some point in time came together and agree for a means of exchange.

[coinhunt]

In my opinion, cryptocurrencies are very likely to become our future. And it depends on us whether it will happen or not.

[Lehbane]

Money has discovered and made for them to easily determine the value of it since after sometimes gold and silver coins that were used in the past era is now added by some minerals and some coins are not pure gold and silver anymore, this incident is often caused travel to merchant who doesn't have enough talent to determine the pure one, so as the problem arises, paper money was discovered.

[ylnar123]

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 .

Ofcourse money is evolving and changing because it is the only permanent thing in this world. As long as competition is present in monetary aspect, there are many that will evolve and surpass the other.

[Janation]

Before money existed, barter was the way to purchase goods and services. Money evolved as the medium of exchange to buy goods and services. Even before Christ, money already existed. Now, bitcoin is the most recent evolution of money.

Sadly, Bitcoin is not used as a currency nor money since it is mostly used as an asset, an investment to gain a good profit in the future when it has a good price. But I can see that the future money will be followed to the efficiency and some ideas of Bitcoin, well we are talking about the future here where everything is fast and really efficient. I hope.