Post
Topic
Board Economics
Re: Is crypto the final stage in the evolution of money?
by
Xampeuu
on 14/04/2022, 06:38:54 UTC
I don't know if perhaps i'm overthinking this, but considering the evolution of money from the beginning of time where different things have served as a medium of exchange and now currently banknotes.

On same trend, we are slowly witnessing the evolution of  money to crypto and i can't help but wonder if crypto is the final stage or there may perhaps be another revolutionary idea to replace crypto as money after crypto has been accepted.

What do you think?

Brilliant minds are out there, time will tell if there will be another innovation that would surpass crpyto currencies. However this is too early, there are rooms for improvements as of now. Monetary system right now have survived for thousands of years, and we are nowhere near from that. I guess we won't be able to see it for ourselves, 60 years and above we are gone in this world, so let the next generation decide if they will still be using crypto or make a new one.
right, changing the existing order is not easy, it takes a long time and development, therefore I also think that the generation after us will use it. considering that for now the country still maintains control over their respective currencies, and it is a symbol of the country's economic strength. similarly even though russia can use crypto, but they ask the importers to pay for it in rubles, therefore there are still many countries that are not ready for full adoption