MONEYsteemCreated with Sketch.

in #nazeer7 years ago

MONEY
TIME
MONEY

download.jpg
MONEY any iteam ar verfiable record that is generally accepted as payment for goods and services and repayment of debts in a particular county ar socio-ecomic context The main functions of money are distingusihed as medium of exchange a unit of account a store of value and sometimes a standard of deferrred payment .Any time or verifiable record that fulfiles these functions can be concider as money

MONEY is histortically an emergent market phenomenon establishing a commodity money .but nearly all contemapary money system are based on flat monoy .fiat money like any check or note of debtis without use value as a phisical commodity its derives its value by being declared by a government to be lengal tender that is it must be accepted as a from of payment within the boundaries of the country for all debts public and private

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 76571.01
ETH 3026.93
USDT 1.00
SBD 2.61