Anything that is easily used as a medium of exchange in settling a trade is called money. Earlier demanded commodities like salt, rice wheat, weapons, livestock was used as money, it was called barter exchange. After that metallic money like gold, silver, copper come into existence. They were quiet popular. Soon this money was found inconvenient as well as dangerous to carry, so replaced by paper currency. Every country prints its own fiat currency as per their policy; generally these currencies are printed and controlled by the central bank of that country. After economic revolution paper money is accompanies by credit money, plastic money etc. The latest form of Digital money (bitcoin) gets introduced in the year 2009. Purpose of all forms of money is to make the trade simple and easy.
In today's there is no room for being permanent,cause everything change, everything innovates, and everything evolve, like for the money, in the past decades our ancestors used anything that can be use in exchange of goods and services. But because of wide imagination and intellectual people they discovered and create a paper money to make this kind nd of exchange before become easy and simple. 
Topic: Evolution of Money - page 6. (Read 1992 times)
Bitcoin is undoubtedly a big step in the development of currency, I hope in the next few years we will be able to freely use bitcoin and crypto currency in general around the world.
That is how it looks. Bitcoin has great potential and this is the latest step in the evolution of money after e-money. There are still some countries across the world that have not recognized Bitcoin but soon it will change as well because you have to stay and go step by step with the world and changing market condition because if you do not do it, you actually chose to lag behind. So hopefully in the next few years or decades, we would have a very different system based on Bitcoin. 
Anything that is easily used as a medium of exchange in settling a trade is called money. Earlier demanded commodities like salt, rice wheat, weapons, livestock was used as money, it was called barter exchange. After that metallic money like gold, silver, copper come into existence. They were quiet popular. Soon this money was found inconvenient as well as dangerous to carry, so replaced by paper currency. Every country prints its own fiat currency as per their policy; generally these currencies are printed and controlled by the central bank of that country. After economic revolution paper money is accompanies by credit money, plastic money etc. The latest form of Digital money (bitcoin) gets introduced in the year 2009. Purpose of all forms of money is to make the trade simple and easy.
It is true that many things were used as a medium of exchange but it was not until coinage was invented that we got money, before you needed to look at the quality of the metals and most of the time the precious metals were in odd forms, coinage solved those issues and made exchanges easier, that was the first time we actually got money but fiat is not money even if governments want you to accept it as such since it does not fit the full definition of money. 
This is interesting but I believe it is missing a ton of meat. There are so many different cultures and mediums for money that have been used over the years. From rocks to digital assets. Metals to flowers. Meats and furs. Flour etc etc.
Money is the most important invention of modern times, It has undergone a long process of historical evolution, Human beings passed through a stage when money was not in use and goods were exchanged directly for one another, Such exchange of goods for goods was called barter exchange, The inconvenience and drawbacks of barter led to the gradual use of a medium of exchange. 
Monetary unit has definitely evolved from bartering physically to technological stuff. And it has made our lives easier without a doubt, especially international transactions. I can actually say that we're on our way to the future, because cryptocurrency is the future of money.
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 .
It is very good to understand how does money was invented and how is gone through all that processes of developing and evolving, so that we can understand more, that cryptocurrency is the future of our. https://medium.com/@arnoldmuimi/evolution-of-money-ba8609f5f198
What do you think ? This is how money was invented .
That article forgot about metal that has been also used during ancient times.
But to rate that article it only shows on how we are changing the point of view about money and I agreed with what it says about money is build on trust.
But to rate that article it only shows on how we are changing the point of view about money and I agreed with what it says about money is build on trust.
Usually the theme about the history of money is described in any good and comprehensive economic book but actually there are not so much people who read the similar books and know the history of money so it is nice that somebody have written the brief article which decribes and explains this theme in a simple way. I consider that it is very useful information for every trader to know about the money history.
Quote from: Demanderoca
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OP doesn't need your explanation nigga. Try to read the article He just shared it for some common reason and he just want some opinions on it not an explanation to money itself. Noobs are noobs they say, I guess its definitely true. And by the way, I think cryptocurrencies wouldn't be considered with the same traits as money before and now. The fact that it is also a money but on a digital preferences governments will not be satisfied with it.
Money, as we know it today, is the result of a long process. At first, there is a system called barter system in our history which is a process of exchanging merchandise into merchandise. Many years later, everything changes and the concept of coins as a money became known. This is use to give the certain merchandise a value. It is followed by the paper money which we are all using in our present time and it is followed by the checks. Due to the advancement of the technology nowadays, most of us have the concept of digital money although, some who are not exposed to technology may not know it. We don't know what will happened to our present money in our future due to these technologies but, one thing is certain and that is there will be a changes.
Bitcoin is undoubtedly a big step in the development of currency, I hope in the next few years we will be able to freely use bitcoin and crypto currency in general around the world.
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 .
Before there is no money,it only evolves to barter goods,fruits and livestock supplies in exchange with rice in our country.After that gold become a part of trading in exchange with goods,foods etc. And as we go through times fiat currencies exist we used to buy anything anywhere,everywhere.Then next was the automated machine or ATM,we can used it in any transactions and buying goods,and now we came to this digital stage the existence of cryptocurrencies that was so easy to use and very convenience,with just few clicks on your cellular phones it was done.This was the evolution of money since then. https://medium.com/@arnoldmuimi/evolution-of-money-ba8609f5f198
What do you think ? This is how money was invented .
Money evolved as an exchangeable asset, and the same led to the usage of money on different transaction needs. It can be of product based, service based or something related to business. Bitcoin too had the same flow, but it got existed as a value storage token which further got transformed similar to the money.
from time to time money changes slowly from the physical form, design, exchange rates and materials.uang used as a legal means of payment issued by the state
you have know the progress of the clock of the numbers, starting on the current process to the last value of the 2008 of the 2008 of the year of the 2008 bitcoin name and time of the following they have been upgraded and for more many many life
Money evolved as a medium of exchange for buying goods and services, formerly when money did not exist they used a barter system. From the origins of barter to modern money, this is how the system evolves.
The more advanced and modern human development requires faster and more efficient transactions and the business world because that is the money and goods transactions more quickly. Money that evolved from simple money evolves into today's digital money that makes people transact easier and faster.
Money changed and new innovations will come, the money changes with the passage of time and we have seen this in practical. The modern market is of crypto market and the perception or tradition has been finished, the physical money is now looking as 2nd priority and the 1st priority is now of Bitcoin and other cryptocurrencies. This modern currency gives us huge profit and this evolution has great importance near people. the balance sheet of the currency economy has been determined by many government policies and interventions, if that does not happen then the economy will be controlled by many uncontrolled economic mafia. I'm a bit skeptical of the bitcoin for this where nobody can strongly regulate it, in the future many bag holders are greedy and able to destabilize economic inflation at any time, this is a warning to think about from now on because bitcoin also moves wild and unstoppable.
I agree with that, if that happens the economical stabilization of a certain country affects all source of income and trading possibilities on other countries partnered by it, all will be lost if greedy people take over evolution of money depends on how we develop the system of currencies, the value of every currency.
This article is very deep, the money is actually a way of exchange, from the early use of shell exchange goods has not changed, maybe now a new way of exchange has quietly arrived, that is, no cash society. In this way, encrypted currencies may help everyone enter the cashless payment quickly.
I Think fiat money don't gone in the future. Maybe in some period they are will not be popular, that`s more true! Fiat it`s important in small business and small casts people.
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