Just as natural selection favors traits that increase an organism's chances of survival and reproduction, humans naturally select and agree up on forms of money with specific characteristics that allow their survival over time.
Fiat money was imposed, not chosen. #bitcoin is next.
The history of mankind is the history of money loosing value - Milton Friedman
Why is this the case? Shouldn't the money we use today be the best form of money to have evolved over time?
Here are some thoughts on money's history from a biologist:
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Does somebody want to buy me a coffee ☕️?
The history of mankind is the history of money loosing value - Milton Friedman
Why is this the case? Shouldn't the money we use today be the best form of money to have evolved over time?
Here are some thoughts on money's history from a biologist: