Money, throughout the years

[bogdanoff 3173]

Crypto currency will last it is just the way most projects are moving that are only following Bitcoin. I have invested in many since I started but sold most of them as I saw a lack of vision and only monetary gains interest in them. I only believe in Bitcoin and if I see changes I will invest in more.

[Whited35 15285]

I often wonder to see the history of money how it evolved from the metal coin to now digital currencies. Over the time, paper money has the long story in this world. Now we are using cryptocurrency which is the gift from the modern science and technology. In future, there can be even more advanced technology to change the concept of money entirely, I believe in revolution. 

[Sykkuno 2887]

Good post, a little too big and I suggest to put more paragraphs to make it better and easier to read. It was a good read though. I think that money in the years is changing between what people decide is better represented as value for exchange. Bitcoin is modern money that will be accepted slowly.

[The shiekh 793]

Well ye I agree with your assessment. That money is the biggest evil in this world. And many people want yo earn more profit by investing some amount. And they are very greed to get money. But my friend if you want to earn a huge profit ,then you have big capital to invest.

[Barbarellah 2225]

The man evolves and like him also technology and financial systems. Knowing this history leads us to understand how the processes of change have been happening and now is the time for cryptocurrencies. I don't think fiat money will ever disappear as cryptocurrency takes over. Everything in the future will have its value and its due utility, surely the cryptocurrency will overshadow it more, it will not eliminate it and for this new digital financial system to go down in history there is still a long way to go and more taking into account that it is barely starting.

[kryptonick 2659]

I wouldn't say that passive income is what cryptocurrencies are for. This is something different and can only be certain passive income for the early investors that have thousands of Bitcoins and are selling slowly.

[RonaldB 48]

If you do not have money at this time, you are not worth anything, this is an inevitable fact, it is good to use cryptocurrencies positively in the conduct of our daily affairs.

[Jromz 2158]

In my view money is not a bad thing but a necessary vehicle for any economical activity. Yet, most people are excessively ambitious and are able to do terrible things for the sake of money. On the side of cryptocurrencies, one of their most beneficial purposes is freeing people from banks and other financial authorities that have historically manipulated money at their convenience, at the expense of the majority wellbeing. 

Edited December 8, 2020 by Jromz
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[Onden 2098]

From year to year the financial system is always changing, and changes are always preceded by revolutions, such as using bartering, gold, until now, namely fiat. But nowadays fiat is outdated and some people have left it, I don't know if fiat will survive or not, which is gradually being replaced by cryptocurrency, although not completely replaced. Cryptocurrency will continue to have a domino effect on fiat and it is not impossible if cryptocurrency can replace fiat.

[Braulio Eurea 720]

Throughout history, money has evolved and has facilitated commercial transactions, in addition to being a unit of account to account for goods in money. At the beginning of humanity the exchange is carried out between products and it was very cumbersome to do so since it was difficult to know the equivalence between goods, when money appeared this changed and improved significantly, if money existed, world trade would have many problems and setbacks, there would be no savings and the world would be slower. I think that money is neither good nor bad, what can give it that character is the end that we give to money as such, that is, we can do good or bad, it all depends on the action of people.

[gourav789 2834]

14 hours ago, Whited35 said:

I believe in revolution. 

I also believe in this digital money @Whited35 . Due to it's online useage Alot of user didn't prefer ( mostly youngest person ( 50+ age ) . because they Think they will suffer from spam as well loss.  but I sure new generation surely used this crypto currency for transcation as well for other activities also .

[khan22 3478]

When the money is finished than peoples will use the crypto currency and this is not a big deal and peoples will start to use this in future it take almost 15 to 20 years not just peoples will start to use it in just a single year.

[Whited35 15285]

1 hour ago, gourav789 said:

Due to it's online useage Alot of user didn't prefer ( mostly youngest person ( 50+ age ) .

@gourav789 people with 50+ age are not youngest 😜 ! Anyway, everyone wish to flow with the pace of technology. Some people may reject the new revolutions just to be attached with the classical concepts, it is not bigger issue. 

[Flying11Horse 45]

7 hours ago, Whited35 said:

@gourav789 people with 50+ age are not youngest 😜

You have caught quite an amusing word mate .People with 50 plus age are adults or you can simply call them adult .The older people always talk about the things that happened in the past when they were younger ,they talk about having less technology and many more things .I think you are right with the passage of time they will accept technology and among the technology the biggest is of cryptocurrency.

 

[godislovefll 1880]

He is right, so through the exchange of one product for another was how the economy began, but this had to come to an end in order to have a social order and implement a new economy, but of course thanks to cryptocurrencies this will come to its end since we ourselves will control our money without the need for an intermediary.

[Msh9 84]

Money in our time is the basis of life, and we cannot live a good life in luxury without money, so we must always strive to work continuously to earn money.

[AL SHAIMON 1293]

Without money the world would be more hard to live. We all know that money is the best of transaction. If you buy something that's mean you are exchanging something. Money makes this method more easier. For this reason money is important. 

[jappy 1129]

The popular object-by-object trader in ancient years to work as implemented by the era of industries, to ourselves be the owners of our income and generate it without any state or company in between, this is the era of cryptocurrencies.

[Mahmod aljarah 1383]

In fact, I do not think that the cryptocurrency will permanently eliminate many people who benefit greatly from it, as it solved the problem of young people who face difficulty working realistically with university studies. 

[entrepreneur 634]

Right, i think that cryptocurrencies will revolutionize the world, because of the low fees and easy to access feature, which makes it a very big competitor to banks.

[zhoutong 2188]

How will cryptocurrency just disappear? It will magically vanish and the code won't exist? You understand there is code right and that this is what gives value to a cryptocurrency. And this code is open source so developers read the code, so this exists as perhaps some don't understand it.

[yulitzacalvete 1366]

On 9/30/2020 at 12:25 PM, Gluttony said:

I always wonder how the world would look like if money wouldn’t be involved anymore. They always say that “Money is the root of all evil”, since there is a change happening and many people are trying to adapt to another transition, what would happen next? Will things go smoothly? Does this mean the corruption will about to go to the end? There is actually no currency in the past used as a legal tender for trading since they only do is barter system where they are only exchanging items with other items assuming they have the same value. Then they used coins as a currency which is made out of silver, gold and copper means that their weight is equal to their value. Then they used the fiat currency, which is already used as we grow up where bills are already involved aside from coins. Behind of these transitions, there are numerous events happening in the entire world such as wars. Money also served as the embodiment of an economic power of each country which determines their power. Now that we are about to make another transition where crypto currency is getting popular, it could also be a sign of the end for fiat currency as well. This could also be a reason for the most of the centralized sector to either go with the transition phase as well also or close their institutions forever. It could be a move for entering into another phase of modernization, which is to adopt the changes of what the technology brings to the human civilization. We saw the different things happen in the past and the transactions are done differently; some of them make an exchange for another item, others being paid by money and now is digitally influenced which we could say crypto currency involves. Crypto currency is a good way of generating profit as a passive income; since their price ranges are volatile it is a good way for everyone who are thinking of investing. They say crypto currency has a lot of potential and has a lot of improvements to build, but there is something that bugs me. I always think that there would be another thing that would sprout somewhere and make someone fortunate again just like what did happen to people who invested in crypto currency around 2009. The change is the only thing that is constant, but despite the fact that crypto currency is already a technological based and modernized way of doing your transactions, especially online, how would it turn out if something really makes crypto currency disappear? I just hope that crypto currency will last until we able to get the most of it, at least we managed to enjoy ourselves before it became the part of the history as well.

The creation of money has been fundamental for all nations and of course today we have many ways to generate them and currently the most advanced so far are the cryptocurrencies that are gaining every day in the financial market.

[Dormilon 2183]

On 9/30/2020 at 12:25 PM, Gluttony said:

I always wonder how the world would look like if money wouldn’t be involved anymore. They always say that “Money is the root of all evil”, since there is a change happening and many people are trying to adapt to another transition, what would happen next? Will things go smoothly? Does this mean the corruption will about to go to the end? There is actually no currency in the past used as a legal tender for trading since they only do is barter system where they are only exchanging items with other items assuming they have the same value. Then they used coins as a currency which is made out of silver, gold and copper means that their weight is equal to their value. Then they used the fiat currency, which is already used as we grow up where bills are already involved aside from coins. Behind of these transitions, there are numerous events happening in the entire world such as wars. Money also served as the embodiment of an economic power of each country which determines their power.

@Gluttony Innovations will always appear in a world that changes every day, new technologies will mark a path in everything we do in our daily lives, in the last decade digital currencies have been growing as a substitute for fiat, although it has not. still displaced, it is expected that if it does so very soon, perhaps within a few years other forms of commercial exchange will come, the latter, as you describe in your article, has undergone great changes since it appeared, it had to be adapted to the times and circumstances, so it will always be, perhaps in the future it will be paid with a ray of light obtained from the sun when we buy any product, who knows, anything can happen.

[Sandra k 6]

The value and the reputation of cryptocurrencies and the knowledge of cryptocurrencies and different types of digital currencies have been reaching different peoples day by day so I think trading and investing in cryptocurrencies will be a great advantage for different citizens around the world and it will be a a huge investment in the future.

[Ninon 0]

In case you do now not have cash presently, you are now not properly well worth something, that is an inevitable truth, it is true to use cryptocurrencies positively internal the behavior of our each day affairs