What is Money? Paper, Metal or Cowrie?

in #money7 years ago

We are all in search of things to do or become that will bring us money, lots of it. This is so that we may purchase goods and services that will fill our needs and make us feel secure.
But what really is money? Is it the paper we bring out of an ATM or our wallets?
Is it the coins we take out of our piggy banks or out of penny holders in the car?
Or is it the digital currencies that we send from out bitcoin wallet?

Well here is what money is:
Money is simply an idea, concept or an agreement.

Back in the days, we AGREED that we will trade one item for another (barter).
We at one point AGREED that we will accept cowries, beads or even sheeps and goats as an exchange for value.
Today we use paper and metal as fiat money. But in the end, money is just what we AGREE to use as an exchange for value.

Don't get stuck with the idea that money has to be fiat in paper and metal or cowries.
Today and in the near future, money is DIGITAL!

Join the digital currency community and get enlightened about digital currencies and wallets.
Welcome to the future!

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