Personal Currency: The Future of Money
Roger Julio Colburn,Edward Alexander Riegelmann
Personal Currency: The Future of Money
Roger Julio Colburn,Edward Alexander Riegelmann
Money, currency, capital, credit. It has many names but only one use: our tool for exchange. And as important as money is, it’s unfortunately not well understood by most people, to their peril. As representative of the actual value of things in the world, money has no value in itself-the value of money is borrowed from the potential things that can be purchased with it. And because there is so much in the world, and so many different people, you would think that money would be as diverse and adjustable as the agreements we make with one another every day. But it’s not. Government currencies like the dollar and the euro are one-dimensional, outdated vehicles for wealth. There’s so much more potential inherent within the concept of currency, and many are waking up to it. Change is coming to money, and fast. New tools like Bitcoin show us that technology can change the way we think about money. With amazing new ideas and conventions are new questions, like: What is value? What is wealth? Are these things fully captured by modern money, or could it be better? What if everyone had a currency? What if they already do? Welcome to the future of money.
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