What is money?
To fully grasp why crypto is so important, it’s necessary to have a good understanding of money. Today, we take the concept of money for granted. When you look at your bank account balance, there’s how much money you have. Do you ever think about what money is, where it came from, what makes it valuable, and how it’s created today?
In this episode, we’ll explore what money is in four parts. First, I’ll explain how money evolved through history. Second, we’ll focus on fiat money, which is what we use day-to-day. Next, I’ll list the properties of money and their limits. And third, we’ll look at the contrast between modern money systems and cryptocurrencies.
The Zen Crypto Show is produced by ZenGo, where you can buy, sell, trade, and earn cryptocurrencies with mind-bending simplicity and safety, and is hosted by Sebastien Couture.
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