THE SECRET ABOUT MONEY

in Steem Schools2 years ago

THE SECRET ABOUT MONEY...

What is the big deal with Money?


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Image source: istockphoto.com


Money is not what we think it is, money is a mental belief system adopted by the people. In the ancient times in Africa, in Igbo land to be precise, the considered cowries to be money and the people accepted it.And transactions were made with it.

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Image source: marca.com

Many years later men made coins from gold and silver and called it money. Obviously the best money ever.When there was a shortage of gold, people were now making money from steel and iron.It served for many years until people became weary carrying coins in bags which were obviously heavy and a big burden to carry.They resolved it in making paper to become money, which we still use till today.

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Image source: ultimatequize.com

Money made from paper is made of wood.Made from trees.This shows that everything can be money.Because money is not a thing but an idea.Presently, the era of paper money is gradually disappearing.

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Money is not really a thing, it is a belief system, a psychological phenomenon.I want to define money as any generally accepted idea of buying and selling.In today's world we see numbers that appear in a particular pattern on the screen of your electrical gadgets as money because we all have accepted it as a means of transaction.We now buy and sell with different ideas in the name of coins, cash, tokens etc example: Bitcoin, steem,binance, etc.There are over 18000 cryptos in the world.Nobody can implement his idea of money all alone, once people buys such idea money has been created.

By analystic estimate the global cryptocurrency market will be triple by 2030.Investors, businesses and brands can not ignore the rising of cryptos for long.Just as money is created by ideas, money is also attracted by ideas.When you get good ideas, you will make a good money.You have to trust your own idea before anybody can.# Why do you need to make money:You trade money for necessities like food shelter, water, pleasure, clothing, comfort etc.Economic activities revolve around money.Though money makes life easier, as important as it is, Money will never be everything.

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