Prior to the existance of Layered Money there was simply money.
Money is a tool which allows peers the exchange of goods within a consensus value.
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Business Administration and Management Student | Blockchain, DEFI & Web3 | Social Worker | "Fix the money & fix the world."
Understand money history and the layers that conform our monetary system, as well as the revolutionary form of money Bitcoin.
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“Money is not the value for which goods are exchanged, but the value by which they are exchanged.”
If the modern paper-money economy were to collapse, we would fall back to gold.
Bitcoin highlights how fundamentally bizarre money is. Money is a value token that makes exchange easier. It isn't real in a tangible way. But it's real enough that people fight and die for it.
Bitcoin's ideology is that of a specific distrust of financial institutions. I...
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