Post
Topic
Board Altcoin Discussion
Re: Reflections on the new and old generations of money
by
123exo123
on 13/03/2018, 02:36:28 UTC
I write for the first time on this Forum, so please be lenient towards me. Especially to my English.
When they talk about future money, for some reason "money of a new generation" is often added. What do these words mean "the new generation" as applied to money? How does the "old generation" differ from the "new" generation?
For example, in computers, the generation change is understandable, and in the field of money it is incomprehensible. Can someone intelligibly and intelligently explain to me the difference between generations of money?
I think that this question is actually much deeper and more interesting than it seems at first glance, because it gives us a deeper understanding of the very essence of money.

If you're talking about old money versus new money. It's a term often used to describe people who come from long-standing wealthy families = old money. New money are new entrepreuners who have just come into wealth (rags to riches stories) like bitcoin investors from 2010, startups that flew high, and lottery winners.