Money History - Introduction to Ancient Exchanges

[FanatMonet]

Money has come a pretty long way, from various household items to modern banknotes.
But in my opinion, the best times were when there were gold and silver coins, and their value was really backed up by something substantial, and not just a promise that this banknote should be accepted on a certain territory.

[Snappycoco]

It has come indeed a pretty long way down. It starts with a simple exchange of animals and other commodities. One of the most astonishing evolution from mankind's creation. But Gold is still one unique piece of essentials.

[darewaller]

Not being controlled by the government is a really good thing about cryptocurrency, and that's one of the features of cryptocurrency that I love so much, except that some people are fond of misusing this feature. Wish there would be a way to trace only those that are using Bitcoin and other cryptocurrencies for a bad purpose, but that wouldn't be possible since it will also be ruining the privacy for those of us that are using it for a good purpose and prefers to stay anonymous and on a low-key.

But that's not a problem, I believe as time goes on the technology will keep on developing, we have still got a long way to go.

[Negotiation]

It has come indeed a pretty long way down. It starts with a simple exchange of animals and other commodities. One of the most astonishing evolution from mankind's creation. But Gold is still one unique piece of essentials.

If gold is still a necessary part, its use is less than that of Bitcoin Gold is usually controlled by the government of the country If the government stops trading in gold, it will stop  but Bitcoin is not under anyone's control  No one can manipulate it and stop it. Bitcoin is the best when it comes to investing It will go a long way and help mankind improve.

[Leviathan.007]

Not being controlled by the government is a really good thing about cryptocurrency, and that's one of the features of cryptocurrency that I love so much, except that some people are fond of misusing this feature. Wish there would be a way to trace only those that are using Bitcoin and other cryptocurrencies for a bad purpose, but that wouldn't be possible since it will also be ruining the privacy for those of us that are using it for a good purpose and prefers to stay anonymous and on a low-key.

But that's not a problem, I believe as time goes on the technology will keep on developing, we have still got a long way to go.

Bypassing government was the goal of crypto in my own idea since it's PTP and no third person involved. using for bad purpose or abusing something is always what some people do.
For example, knife. Doctors using for the surgery and curing people and some people using to kill each others. Depends on your usage.

[Darker45]

Not being controlled by the government is a really good thing about cryptocurrency, and that's one of the features of cryptocurrency that I love so much, except that some people are fond of misusing this feature. Wish there would be a way to trace only those that are using Bitcoin and other cryptocurrencies for a bad purpose, but that wouldn't be possible since it will also be ruining the privacy for those of us that are using it for a good purpose and prefers to stay anonymous and on a low-key.

But that's not a problem, I believe as time goes on the technology will keep on developing, we have still got a long way to go.

Interesting!

We've come to really hate the government or governments, haven't we? Up to a point when we are afraid of something which is too risky not to be regulated or controlled to a certain extent. That is exactly how governments are born. As the saying goes, homo homini lupus, man is wolf to man. Freedom is sweet until it becomes a risk to your private property or life.

You can't have your cake and eat it, too. I mean, can we have a currency which cannot be regulated by the government at the same time made sure that it is not going to be abused?

[darewaller]

^^How about something as simple as this; it would be regulated but can't be controlled? I mean you can still check people on what they spend the money on and so forth, money could be and should be followed and that's fine, however governments won't be able to control bitcoin, they wouldn't be able to rollback, they won't be printing more, they wouldn't be taking taxes and using it to enrich their friends, they wouldn't be able to buy 1000 dollar per chair or something to use the taxes. Bitcoin will be free, the people who are using bitcoin won't be.

I am not against the fiat world because it is traced and all, that is fine and understandable, I am against it because governments use fiat to make themselves richer while poor people are still poor and they can just print money and make us even poorer while giving that printed money to their bribers.

[fiulpro]

I still remember the time when a man offered his sheeps to ask Mr. Obama for her daughter's hand in marriage .
This might have been somewhat an overstatement and weird for some people , but in developing countries , day to day you actually come across exchanges like this .
Even my Grandma sometimes sells clothes in exchange for utensils. It is very common.
In developed nations it is already cash/card . But there are countries where people actually sell their hair for basic necessities.
I think it is good to see some remnants of history beneath all this .

[Ucy]

^^How about something as simple as this; it would be regulated but can't be controlled? I mean you can still check people on what they spend the money on and so forth, money could be and should be followed and that's fine, however governments won't be able to control bitcoin, they wouldn't be able to rollback, they won't be printing more, they wouldn't be taking taxes and using it to enrich their friends, they wouldn't be able to buy 1000 dollar per chair or something to use the taxes. Bitcoin will be free, the people who are using bitcoin won't be.

I am not against the fiat world because it is traced and all, that is fine and understandable, I am against it because governments use fiat to make themselves richer while poor people are still poor and they can just print money and make us even poorer while giving that printed money to their bribers.

I like the "regulated but can't be controlled" part! It it very possible with well decentralized cryptocurrency. People from current national governments could even be part of the governance of well decentralized cryptocurrency without centralizing or controlling the coin/system in anyway. A well built  decentralized system would require merit and fairness(in anonymous and randomize model) for proper governance.
If  government officials provide the best skilled people for the coin governance, a fair & foolproof system will definitely picked them fairly. They won't be picked based on privileges or for being government officials. Regular people will be picked by the system if they have the best skills. The good thing about this  model is that it will be hard to bribe or break rules/laws without getting caught and punished