The World According To Money In The Yesterday, Today and Tomorrow
In the past when you would buy something from the store you would use your money in exchange for whatever it is you were buying. Most of the time when you made the purchase with cash you would get change back in return. But that money you received was not technically yours to keep because it still belonged to the store owner. If you took the money and ran off without purchasing anything then technically you did not commit a crime because that money actually did not belong to you. The only thing they can accuse you of doing is stealing their property and if they don’t have proof then they cannot prove that it is rightfully theirs’. But that’s how yesterday worked and today is different.
Today we are forced to use credit and debit cards when making purchases whether we want to or not because they are accepted almost anywhere we go. When paying with your credit or debit card, after signing or entering your PIN, your account is immediately charged for what you just bought and you have no say in what happens next. Before I continue let me first explain how this works from start to finish so you can better understand my point of view on why crypto currency should be used instead of fiat currency (U.S. Dollar, Euro etc
The World According To Money In The Yesterday, Today and Tomorrow
Are you a person who is constantly looking for the next wave? Do you have an affinity for innovation? Are you someone who has always been intrigued by technology and what it can do for the world? If this sounds like you and your are looking for the next wave in technology to change your life, then look no further. You have come to the right place, because I am about to introduce you to something that can do just that.
The world is changing at a rapid pace. With every passing day, there is something new that is introduced which will take us into tomorrow. It seems like every day we get another glimpse of what the future will look like; with all this new technology how can we not?
But as amazing as all this new technology is and how it changes our lives, we must also ask ourselves one important question: What isn’t changing rapidly enough? While most of us know that there are many things that could use some improvement in our society, I want to focus on one thing in particular that probably affects more people than anything else: money.
Money was invented centuries ago. It was a different time then. There were no computers or cell phones or fancy cars. The world
Money may seem like a simple topic, but it is more complex than most people realize. So much so that it is hard to know where to start when trying to understand the basics.
You can start by thinking about money in three time periods. The first is “The World According to Money in the Yesterday”, the second is “The World According to Money in the Today” and the third period is “The World According to Money in the Tomorrow”.
Let’s start with a brief look at money in each of these time periods. When we are done, we will look at how you can use crypto currency in each of these periods.
The World According To Money In The Yesterday
In “the yesterday”, money was physical and took many forms, e.g., gold and silver coins or paper notes redeemable for precious metals. These items were scarce and had value because they could be used as a medium of exchange and/or store of value. They had value because they were scarce and could not be easily counterfeited or duplicated without being noticed by others. But they did have drawbacks, such as being difficult to transport and secure if you had a lot of them (e.g., gold
The world today is full of problems. Some of these problems are small, some large, some we know about and some we don’t but one thing is for sure, every problem has a solution. We live in a world that’s been built on the back of a generation who have lived their lives trying to survive, pay the bills and build a future for their children. This is what we see as normal but the truth is that times are changing and the old ways are becoming obsolete. We are now in an age where it is possible to live anywhere in the world with no money at all.
The world according to money in the yesterday, today and tomorrow:
Yesterday: Money was power in its purest form, it gave you access to things that you needed or wanted to get things done. Money was something that you earned by working hard and if you worked really hard you could make a lot of money so that you could buy more stuff which would give you even more power to do more things. This is how it started out but over time people started looking for ways to make money without having to work so hard and that’s when banks were born which meant they could lend money at interest rates so they could profit off their investments without doing anything at all themselves!
In my first blog post I will be discussing the world of fiat currency and crypto currency. If you are new to crypto currency then this is a good place to start. If you are a veteran of crypto currency then I hope you will find this an interesting read anyway.
First of all let’s talk about the word “crypto” as in crypto currency. Crypto (kryptos) means hidden or secret, so what exactly is hidden or secret in crypto currency? A better question would be, what is the difference between crypto currency and fiat currency?
Crypto currencies represent the future of money, whereas fiat money represents the past of money. Fiat money is ruled by banks and governments, whereas crypto currencies are ruled by mathematics. The basic idea behind crypto currencies is decentralization, which means that as a user of crypto currencies you are in control of your own money and no middle man or bank can take it away from you for any reason whatsoever; this is absolutely impossible!
There are many different types of cryptocurrencies with Bitcoin being one of them, however there are several other types such as Monero (XMR), Zcash (ZEC), Dashcoin (DSH) to name just a few.
Cryptocurrency is the wave of the future. For those who don’t know, crypto currency is a digital form of currency that can be used to buy and sell goods and services. In order to understand cryptocurrency, you must first understand money. Money has come in many forms over the years. Before coins and paper money, there was trading and bartering for goods and services.
In the old days, a goat might be worth a cow or vice versa depending on need. As time went on, money was divided into “pieces of eight” which were Spanish silver coins that were worth eight reales. A coin by this name was what pirates would commonly use in their transactions at sea because it was widely accepted around the world as legal tender. “Pieces of eight” are what we now call pesos.
Today, we have paper money that comes in denominations of bills such as $1, $5, $10, $20, $50 and $100 bills but we also have coins such as pennies (1¢), nickels (5¢), dimes (10¢) and quarters (25¢). There are also half-dollars (50¢) although they are rarely seen these days outside of
Cryptocurrencies are digital currencies that are based on cryptography, a technique which is used as a security measure. Cryptocurrencies are decentralized and unregulated by any regulating authority. The main feature that makes cryptocurrencies distinct is decentralization. Cryptocurrencies are mainly powered by blockchain technology which works using a peer-to-peer system. Cryptocurrencies have emerged as an alternative to the traditional fiat currencies, due to their decentralized nature and potential for higher returns.
Let us take the example of Bitcoin. Bitcoin was the first cryptocurrency to be created. It was launched in 2009 and since then it has seen rapid growth, especially in 2017 and 2018 when its value skyrocketed from US$ 1,000 to US$ 20,000 in less than 12 months. The key feature that distinguishes Bitcoin from other cryptocurrencies is the fact that it is completely decentralized and thus does not have any central authority or single administrator, who controls it. This means that no one can affect the supply of Bitcoins or control its prices.
This has encouraged investors around the world to invest in Bitcoin and many other cryptocurrencies such as Ethereum, Litecoin, Ripple, etc., which have been launched in recent times. Cryptocurrency exchanges such as Binance and Coinbase allow investors to buy and sell cryptocurrencies with fiat money, where