We have gone through different monetary stages where "Sound Money" derived as the epitome of monetary principles. The most significant monetary standards in the history of the libertarian monetary system.
In our current situation and non-stop battle against pandemic Coronavirus (COVID-19), people tend to panic more often than the number of times they think of basic hygienic against viruses. One should put extra caution against these invisible bacteria, especially the ones that stick closer in dirty, filthy fiat currency where scientific testing shows that these banknotes hold more germs on their surface than the inside of a toilet bowl
In these historical events, we would see how paper money circulated everywhere and started banks, real estate, trading, and insurances
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Here are some informative updates from the crypto world all compiled for you. New business models are being created and mainstream tech giants embracing cryptocurrency, Blockchain Technology forge the future of open finance.
After 300 years, the year 1640 Charles the first monarchy was deeply in debt. This drives him to seized all over the merchants and goldsmith hard-earned golds stored in the mint and declared it forced loan. Charles also seized the East Indian company’s pepper that plunged him into a death sentence.
In ancient times people generally exchange values whenever meeting someone or another individual through different objects as a form of monetary exchange. These practices were treated as normal which were the first form of a systematic process of giving and sharing commodities.
The era of digital spending has evolved in larger monetary system and banking processes. Revolut, one of the largest financial services that offer digital expansion to take away the old banking system and create mass adoption for new banking industrialization.
The ever famous "Pizza exchanged" for $10,000 bitcoin happened in May 22, 2010, and was considered as the very first transaction happened after Satoshi Nakamoto sent 10 Bitcoin to a Developer named Hal Finney.
It is truly fascinating that the world is adoptive to this innovative exchange of value designed in a digital realm.