Money | 10% payout to STEEMALIVE | #club75
Good day steemalive,
Steemalive is the fast growing community in my own understanding, it's members are well rewarded and also guided that's something rare to find on this platform, back then we I joined steemit I only got good votes in my achievement post, coming out I didn't have much vote but coming to steemalive my account started growing fast, and now there is a brighter light to steemit cryptoacademy alongside this community, i want all steemians reading this post to applaud 👏👏👏👏👏 steemalive as a community, it's heads and also the moderators for being up and doing, they are always active in their doings, thanks for being of great help to us all.
INTRODUCTION
Today I will be talking about "Money" as my topic it's advantage and it's origin (how it became paper from gold). It's going to be kind of a long post, so tighten your seat belt and get ready to drive.
Money can be defined as any substance been used as a means of value to exchange for goods and services
-----@jammyroberts
Let's also take a dictionary meaning, so it can be in two levels which are simple (lame man terms) and standard definition.
A legally or socially binding conceptual contract of entitlement to wealth, void of intrinsic value, payable for all debts and taxes, and regulated in supply.
-----vocapture dictionary
BODY
Money is of uttermost importance in this society built by us, money bring about of maintenance of every dream you put together, that's why the bible also said that GOD wills that we prosper because of how important it has become, money is one commodity or substance that must be managed properly because it's advantages and disadvantages are very high, Before stating the advantages and disadvantages I will be stating the origin of paper money.
ORIGIN OF MONEY
Money can be anything not just paper so how come money became paper, I will be writing this in my own perspective gotten from various reaserach and what I learnt in school. Money in this part of the country was coweries before it advance to coins then paper, but before this (looking generally from the world points of views),
Trade by barter was the first form of exchange that ever occured in world history, it still even plays today as counter trade, trade by batter was simply give me this foodstuff and I will give you my own foodstuff or whatever it is they wanted but as you all know it lasted for little period and problem arises because of double coincidence of wants meaning if I want yam for breakfast and I have rice and finally I found someone with yam, it has to be that the person needed rice if not, no trade this troubled humanity then we happened to have found gold & silver which we made into coins we used it for a while, because of the weight of this items people usually store their gold with a goldsmith which stored them in a room called the strongroom and gave them receipts as a sign they stored it with him, in the course of time some people started exchanging their receipts for items and that receipt has developed to become the money we see today.
Now knowing this origin you come to know how it came into existence and how it's value originated, we will be looking at it's advantage and disadvantages,
Advantages
1 Money is been used as a means of exchange
2 it dissolved the crisis of coincidence of want
3 it improves the standard of living
Disadvantages
1 Money is produced in excess causes shortage of goods
2 it brings about poor standard of living if not managed properly
3 it causes people to indulge in alot of unreasonable practice to get it.
CONCLUSION
Having seen all about money in this post kindly share your thoughts, upvotes and follow me up on every of my post because i will be giving you back to back unless they are some issues which I pray will never happen. Love you all ❤️❤️❤️
The harm money has cuased is uncountable, thank you for helping us to see money in another angle
Thanks for your opinion
Money, money, money the Bible says answers all things, it's a defence, money plays alongside like wisdom does, thanks for sharing.
Thanks for your opinion
You are welcome, @jammyroberts, keep sharing quality I enjoyed reading it.
Thanks alot ma
Bless you
𝕀 𝕣𝕦𝕤𝕙𝕖𝕕 𝕥𝕠 𝕣𝕖𝕒𝕕 𝕦𝕟𝕕𝕖𝕣 𝕥𝕙𝕖 𝕒𝕕𝕧𝕒𝕟𝕥𝕒𝕘𝕖𝕤 𝕠𝕗 𝕞𝕠𝕟𝕖𝕪 𝕨𝕚𝕥𝕙 𝕥𝕙𝕖 𝕙𝕠𝕡𝕖 𝕥𝕙𝕒𝕥 𝕞𝕒𝕪𝕓𝕖 𝕚'𝕝𝕝 𝕓𝕖 𝕦𝕡𝕕𝕒𝕥𝕖𝕕 𝕠𝕟 𝕟𝕖𝕨 𝕥𝕙𝕚𝕟𝕘 𝕓𝕔𝕠𝕤 𝕚 𝕝𝕠𝕧𝕖 𝕞𝕠𝕟𝕖𝕪 𝕒𝕟𝕕 𝕚'𝕞 𝕒𝕝𝕨𝕒𝕪𝕤 𝕝𝕠𝕠𝕜𝕚𝕟𝕘 𝕗𝕠𝕣 𝕟𝕖𝕨 𝕒𝕕𝕧𝕒𝕟𝕥𝕒𝕘𝕖𝕤 𝕚𝕥 𝕠𝕗𝕗𝕖𝕣𝕤 𝕟𝕖𝕧𝕖𝕣𝕥𝕙𝕖𝕝𝕖𝕤𝕤, 𝕠𝕟𝕖 𝕚𝕟𝕥𝕖𝕣𝕖𝕤𝕥𝕚𝕟𝕘 𝕒𝕓𝕠𝕦𝕥 𝕪𝕠𝕦𝕣 𝕝𝕚𝕤𝕥 𝕚𝕤 𝕥𝕙𝕒𝕥, 𝕚𝕥 𝕚𝕞𝕡𝕣𝕠𝕧𝕖𝕤 𝕥𝕙𝕖 𝕤𝕥𝕒𝕟𝕕𝕒𝕣𝕕 𝕠𝕗 𝕝𝕚𝕧𝕚𝕟𝕘.
𝕜𝕦𝕕𝕠𝕤 𝕗𝕠𝕣 𝕤𝕦𝕔𝕙 𝕘𝕣𝕖𝕒𝕥 𝕡𝕠𝕤𝕥
😂😂😂, you will have excess from crypto academy, spend wisely
I agreed with you dear, money has so many advantages and disadvantages. But if we handle it with care we will enjoy the good aspect of it. your boss is full of quality yes still my life cares for its members and I give gbosaa!! To Steemalive and steemit generally
Wow this post is well organized and detailed am really blessed reading this post. Please keep on the good job
Very nice post on money
This is really timely because in the society today, money is really beneficial and also detrimental.
Thanks, your real up for #5times7
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Very Wonderful post
I've really learnt new things about this money that everyone is after
Thanks for sharing
Thanks dear, I really appreciate your time and the stress it took you to make this post, I really learnt from it. That one more my dear...
Thanks for the encouragement