History of money + Mene

in #money6 years ago (edited)

C85BF324-B79F-404F-BE46-B9FEB5668C54.jpeg

Today I would like to walk you through some of the different forms of money throughout history:

Barter:

50B82C4F-CCF6-46A5-A876-A6C379BC1AB0.jpeg

I love this one. I can give you a modern day example of barter executed and made possible by the steem blochain when I recently made a deal with @reseller exchanging 24 karat gold Mene charms for a gold legendary Steem monster!

Cowrie Shells:

Goldmoney Head of Research Alasdair MacLeod covers this one for me:

6788102F-05D3-4E7B-AF4F-AFD0920E354D.jpeg

Salt:
7E02C24B-06C9-4444-A36C-ADB6C47ECCD7.jpeg

This one is super interesting. I try to explain this one to Mrs. Goldmatters everytime we go to Costco. I’ll have to show her this blog.

Modern Coinage:

58B73D3E-6F96-435F-AB6E-0A7E92CB4D44.jpeg

Note that the coins were assigned value based on their metal weight.... just like Mene.

Fiat Currency:

A81BE5D6-45B4-4714-A619-97687D63C718.jpeg

Unfortunately we are all familiar with this one. Issued “by decree” which means that unlike most of the other money we have talked about thus far, fiat currency has zero intrinsic value. It has value only because someone says it does. Which works until.... it doesnt. Fact: no fiat currency in history has ever survived.

Cryptocurrency:

845A02BF-2871-4361-B49B-81E893339198.jpeg

If you are reading this, you already have a basic understanding of crypto. We can’t know exactly where we are going with cryptocurrency because if its nascent history, but thats also what makes it so exciting. FYI you can use crypto to buy Mene :)

GOLD & SILVER!

33756FF4-C799-41BC-A612-F4E2ECD7AA13.jpeg

The historically time tested best form of money ever. To understand why read any of my previous blogs or sign up for Goldmoney and start using it as money like I do all the time : https://www.goldmoney.com/w/goldmatters

Thats your history lesson for today Steemians!

A reminder that precious metals stand the test of time like no other form of money....

Ever!

Sign up for Mene using this invite link you will get $5 in Mene credit!

http://mene.com/invite/JrT26p

20DA6D19-A063-4AF2-9F13-0672B736F0DD.jpeg
Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.

To find out more about what Menē 24 karat gold and platinum investment jewelry is from your fellow Steemians :
https://steemit.com/steemit/@goldmatters/what-in-the-world-is-mene24k-35-well-researched-blog-style-essays-contest-winners
Or
https://steemit.com/mene24k/@goldmatters/what-is-mene-24-karat-platinum-and-gold-jewelry-valentine-s-day-gift-winner

To find out more about what Goldmoney is from your fellow Steemians : https://steemit.com/contest/@goldmatters/what-in-the-world-s-goldmoney-winners

To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters

For Menē 24k investment jewelry here: http://Mene.com/invite/JrT26p

I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.

All images sourced from Menē and Goldmoney.

Read more about Goldmoney: https://steemit.com/@goldmatters

Spend some quality time with @coruscate and learn how to turn your free airdropped Byteball into GOLD:

Sort:  

Gold is made by a kind of exploding star so powerful it packs the atoms to make gold along with other stardust products like silver, etc. So it takes a particular exploding star to make a gold :)

Its amazing isn’t it @cryptopie? :)

You forgot in old days also people exchange with eggs and oil.

Interesting! I think that falls under barter

I fully agree with your statement that "precious metals stand the test of time like no other form of money."

Even the Senators in Alabama agree! Refer below article:

https://blog.tenthamendmentcenter.com/2018/01/alabama-bill-would-encourage-use-of-gold-and-silver-as-money/

Thats awesome :) Hopefully more states will follow

I would take the silver/gold/platinum over seashells any day. @ironshield

What about.....a gold seashell!

Shelling out. ;))shelling out Capture.JPG

Hi goldmatters. The cattle instead of money is still in use in South Africa. The zulu custom states that when you get married the father of the bride receives so many head of cattle. This has value in their customs as the more cattle you have the wealthier you are. Basically you are bartering for the hand of his daughter in marriage.

Very interesting

Wow...realistic value of money thanks for sharing this memories @goldmatters kudos to you for the great research...

Thanks for reading:)

Yesterday I traded some old Walmart receipts for half a bottle of skunked beer.

Thank you for your continued support of SteemSilverGold

You got a 3.47% upvote from @postpromoter courtesy of @goldmatters!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

Thanks post promoter

Best interests articles

Posted using Partiko Android

I could really go for some door dash

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 62311.03
ETH 2443.26
USDT 1.00
SBD 2.69