Technological Evolution of Money

1914

Thousands of years ago, “trade” was carried out through direct exchange, as the concept of money as we know it today simply did not exist!

Can you imagine today going to the supermarket and, for example: taking sugar to get salt?! Certainly not! In addition to not being practical, it would be difficult to enjoy certain products and services.

Money emerged to simplify exchanges and evolved in different ways, facilitating markets over time.

 From “paper money” money, we evolved to cards, home banking, different payment methods online and currently cryptocurrencies.

Cryptocurrencies are the evolution of money, a new form of digital money!

Slowly, but without pause, for more than a decade cryptocurrencies began to assume a place of importance in the financial world, at a global level.

Today, most commercial transactions are carried out in a context of E-commerce, through tools online, therefore, the need arose for new forms of money that would adjust to this new technological trend.

Although there are other forms of money, in addition to cryptocurrencies that have adapted to the world online, the potential of cryptocurrencies is unique, due in large part to the technology that supports them, a technology that we will talk about later in this article.

There are people who still think that cryptocurrencies are just a trend of the moment, with a short duration and that in a while they will end... if by chance some thought like this has occurred to you, forget it... that is impossible to happen! There were also people who, decades ago, said that the Internet was a fad and that it would end, among other examples that history tells us. Now it is repeated once again with cryptocurrencies!

Cryptocurrencies are here to stay and you can interpret the following facts as proof of this:

  • Cryptocurrencies are digital money easily converted into FIAT money, for example through cards Visa and Mastercard quickly, safely and at lower costs;
  • Some countries like El Salvador, Central African Republic, have adopted bitcoin (the world's first cryptocurrency) as the country's currency;
  • Cryptocurrencies are developed based on a technology that works in a decentralized way and this makes this technology one of the safest in the world;
  • Cryptocurrencies are already starting to be regulated, in more and more countries.
  • Etc ...

All the great successful technological evolutions were initially controversial, such as, for example, the Internet itself, as we mentioned earlier, mobile phones and even cars when they first appeared.

What we report were facts that occurred in the past, so that each one can reflect and conclude for himself.

Recapping ...

O money has taken many forms and the cryptocurrencies they are its evolution.

Technology is the driving force behind the evolution of money.

And this time the technology has this name: Blockchain.

 A Blockchain is the technology behind cryptocurrencies.

We also know that you may be wondering:

But who cares about the technology behind the money?

With regard to money, most people are more concerned about whether their wallet is full, or how to fill it when they have it empty.

However, in fact, the world's monetary systems have various problems and cryptocurrencies are part of the solution to some of these problems and all due to Blockchain technology.

And more…

All Internet users will come into direct or indirect contact, for personal and/or professional reasons, with technology. Blockchain, because the technology, under which cryptocurrencies were developed, is already changing the world, although most people have not yet realized it. It is analogous to the Internet, it began to change the world strongly in the 90's, of the last century and few people realized it. Possibly you are one of the people who started using the Internet in this century, but the authors of this text started using the Internet in the last century!

 why the technology Blockchain, already changing the world?

The technology Blockchain is transversal to all areas and has already brought new security methods, new forms of money, new professions, new platformstherefore the technology Blockchain, is opening new doors, to a New Era of the Internet that integrates different themes and trends, such as decentralization and Web 3.0.

learn about technology Blockchain, is a “must be”, nowadays!

Currently, children, young people and adults are often (and like to be) immersed in the world Online and this brought a different view of its goals and pretensions. Train people about technology Blockchain, it is now essential to be aware of the benefits and harms that this new world Online it does, therefore, being enlightened on the subject, they will be able to choose the right path, moving away from the dangers and taking advantage of the opportunities.

 What is the first step to learn more about technology Blockchain?

Like the Blockchain came up with cryptocurrencies and since cryptocurrencies are a form of digital money, it is logical that you start this knowledge right there, exploring and knowing more about this world of cryptocurrencies.

How many times have you thought about how useful it would have been if you had learned more about money and ways to earn, monetize and save it. Money is behind everything you desire in life materially. And if there's one thing you'll never hear about, it's someone saying they have too much money and don't want more money, or someone saying they studied too much and wanted to know less. This is simply not heard from anyone, quite the contrary. As we like to say, learn and let in knowledge that money comes as a result.

Without geographic limitations, from Europe, Africa, Asia, America, Oceania, cryptocurrencies are revolutionizing the financial system and with that creating interaction in everything where technology blockchain it is clear, Web3.0, NFTs, DeFi, Metaverse and in the digital transformation of the various areas: Education, Health, Finance and Environment.

Education is always the basis of everything, in which we are successful, because by mastering the theme, we can make conscious decisions and in this world, of Technology Blockchain, is the decisive moment, before being mandatory, it is still an option to learn about cryptocurrencies, but the choice is up to you.

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