What is Money?

1 min read by Ghost Writer
published 3 weeks ago

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Money has taken many forms over the years and in this post we will take a quick look at some of money’s history and key properties—completely explained with GIFs 🤑

Money is a medium of exchange to store and move value 🔄

Individuals trade their time and energy for money ⏱ 💪 ➡️ 💵

Then trade their money for consumables, experiences and assets. 💸 ➡️ ☕️ 🏟 🏡

Money has taken a few forms over the ages… 💸

Shells, beads, salt, cattle, silver & gold… 🐚🐮🧂

Historically, rare metals have been the most sound money 🥇🥈🥉

Today’s money is government controlled paper/digital tokens… 🏦

where they are regularly debased and manipulated. 📉📈

“Your” money is actually an artificial value that costs real time and energy to acquire… 🫠

buying bitcoin is to fight the good fight and stake your claim in a fair and honest monetary system ✊

Start buying Bitcoin

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Disclaimer: Amber is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how information on our website, in emails we send or in our app, relates to your unique circumstances. Amber is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of our website, our emails or our app.

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