Hi everyone,
Today I’m going to explain as simple as possible how the money evolved and why I think crypto are the natural evolution.
Around 600 BC the first coins were manufactured by order of the King Croesus inside is kingdom in Lydia.
These coins was made with a natural alloy called electrum (gold and silver alloyed by the water inside the Pactolus river)*.
The shape was really poor, but well, there’s a beginning to everything.
During more than 2000 years the way to make coins did not changed a lot. Peoples was using a hammer to knock on a metal,
the natural alloy had been abandoned for a manufactured one (and shipper).
Shipper, this is really important.
For economic reasons, and, cause of more and more people on Earth, humans are obliged to make always more.
For those reasons we can see a lot of different periods with high value metal or poor one, depending of a lot of factors.
We had to wait a lot of time to see machines used to create coins.
We need to wait the 17th century to see the first paper money in Europe. And… It did not worked!
It has been several attempt to introduce the paper money in the population mind who was really skeptical.
Banknotes were followed quickly by checks (middle 19th century).
And guess what? Next century (20th) we had credit cards, wireless transfers… around same time as color TV!
Then finally our bellowed Crypto (21th) around same time as internet boom.
So, we can see a hyperbolic evolution, backed by history, humans needs, humans feelings and most of it technology.
Too me tokens should have failed from the beginning as the paper money, too early, too fast.
Most of humans are a little bit scared of changes, young is youngster.
I think BTC should had disappear when he was at a couple of dollars.
But Satoshi made an invincible money… That’s the game changer.
My guess Satoshi thought about it, at least it is a weird coincidence.
So it take time to access all brains, oldest generations can’t just understand, it is normal, and new generations love and will love it.
Natural evolution.
Thank’s for reading.
*Pour les francophones les expressions « toucher le pactole » et « être riche comme Crésus » viennent de là ;)
