As time marches on and new technologies emerge, more often than not a confused society will spend a lot of time trying to understand and learn what it needs to do to keep up with these new technologies. As some people say, it’s a process.
In Dr. Julian Hosp‘s article “WHAT IS MONEY? AND CAN BITCOIN FUNCTION AS A RELIABLE MEANS OF PAYMENT?” he takes you through the history of money leading up to where we are now with the increasing influence of blockchain and cryptocurrency. He takes the time to clearly define for us
- What Exactly is Money
- Gives You the History of Money
- What Functions Money Has to Fulfill
- Why Cryptocurrency
For those of us looking to really “know” what money is, and understand the rise of cryptocurrency and the potential impact on us, this is a great start to that understanding.
As the world gets smaller and technology brings things closer together it is incumbent upon us to keep up with what’s going on in the world, especially when it comes to technology that affects our money. Let us know what you think in the comments.