Post
Topic
Board Economics
Re: Is crypto the final stage in the evolution of money?
by
DanWalker
on 16/04/2022, 02:42:18 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?

The evolution of the world is still happening on a daily basis so we cannot conclude that cryptocurrency is the final stage. Before the advent of cryptocurrencies, gold and fiat existed for decades and no one would have thought that cryptocurrencies would emerge and gradually replace fiat dominance. The future remains the same as the technology gets more and more advanced, there will soon be another model that replaces crypto. But to do that, people continue to take centuries to create a new currency to replace crypto.