Post
Topic
Board Economics
Re: Do you ever wonders why we are using this paper as money?
by
perfect999
on 14/12/2018, 06:19:19 UTC
Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.
You’re using because the paper is not just paper, it’s a paper with value. If it doesn’t have any value then you wouldn’t be making use of it. It also makes things easier compared to other monetary systems or whatever you might call them. Just imagine that you were still making use of the barter system or maybe still using gold, that wouldn’t be easy to carry around. But whatever, let’s take things as we see them.