Money is just a piece of paper? Money that will change shape
And why is it expected to become more popular from now on?
By knowing how money has changed in shape, you can understand the mechanism by which the encryption currency spreads deeply.
So, first of all I would like to briefly explain the history of money.
Money changes shape with the times
First of all, we will briefly explain how money changed shape.
Money was a shell shell at the beginning
Money was born in the world for the first time in 1200 BC.
At that time human beings used money for seashells.
Later, in the year 600 BC, the world's first coin is born.
And in the year 1000 AD the world 's first banknote was born.
So what started with shells became coins and became bank notes, money was changing shape with the flow of the times.
Money has been changing its shape many times in history so far.
Money changed form from "money" to "paper out"
From 1816 it began trading as money can be exchanged for money.
In other words, it was "banknote = money".
In 1971, however, money and bills (money) can not be exchanged due to the policy of President Richard Nixon of the United States.
So far banknotes have been worth it because they were able to exchange for gold.
However, it became impossible to exchange it with money.
As a result, banknotes themselves are worthless.
This is a big turning point of money.
The turning point of such big money has only recently happened 45 years ago.
The end of the money that can not be exchanged for money
As money and dollar exchange can not be done, the value of money has come to crash easily easily.
In a concrete example, the ruble of Russia has plummeted.
For example, in just five months it cost $ 1 from 100 dollars to 200 dollars per dollar, and money has been worth about half as much as five months.
In 2008 there is also a case that Zimbabwe dollar has caused extraordinary hyper inflation.
This event became famous even when 100 trillion Zimbabwe dollar banknotes were issued.
In Turkey I made a substantial fiscal collapse in 2001.
Also in 2001, Argentina declared the so - called default that debts that I have now can not be returned.
An event occurred that many banknotes became worthless by changing the form from something that can be exchanged for money (convertible banknotes) to those that can not be exchanged for gold (inadequate banknotes) in this way.
New form of money "crypto currency"
Money has changed its shape many times in the past, and its value fluctuated greatly each time.
So how do you change the shape of money in the future?
That is "virtual currency (crypto currency)" clearly.
A cryptographic currency is about to emerge as a form of new money.
Why is money now trying to transform into a cryptographic currency?
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