The Evolution of Money: the Past, Present, and the Future (Part 1)
We received a wonderful gift from the 4C-Trading guys! This is like the Discovery Channel for money. We deal with it every day, we trade it physically, we trade it digitally, we spend thoughts on it to generate more of it. But how many of you ever researched the history of money – and even more important its evolution? And will Crypto be the next staircase of evolution? This and other questions have been researched by CryptoMedics and they gave us permission to publish it on our website for you.
Money can make a civilization and it can also break one. It is undeniable that money plays a central role in everyone’s life today – whether they admit it not. The introduction of money can be seen as the one final step that brought the world to where it is. The power of finance is everywhere we look – from the technology we use to the wars we fight. The big question everyone wants a simple answer to is, how did the money come to be since the times of barter trade, and what is the future of money? Is cryptocurrency really the future of money after digital currency or is it just a fad?
In this article series, we will dig deep in detail to uncover the mysteries of money by looking at how it came about, and hopefully predict how it will evolve in the near future. First, we have to understand what money is and where it was first used.