Post
Topic
Board Bitcoin Discussion
Re: Evolution of currencies
by
AlexAtom
on 02/05/2018, 03:38:35 UTC
First, humans exchanged commodities. You could eat it, burn it for energy, modify it to create tools or jewelry. You exchanged something useful for something useful.

* It was energy.

Then, humans exchanged commodities for gold. You couldn't eat it or burn but it was still possible to modify it.

* It was poor energy.

Then, humans used papers checks or bank notes. It wasn't very useful, but you still could burn it during a very cold winter.

* It was very poor energy.

Now, we wants to use Cryptocurrencies. You can't do anything with it.

* It is not energy but proof of destruction of energy.

Something looks wrong. We should exchange potential energy, not destroyed energy.

currencies are just a tool or medium. this should not created from energy on the first place.
if cryptocurrencies not created by energy, it is good. because the we can use the energy for other purpose, not for creating currencies.