Bitcoin is the best Ideal money humanity has ever had.

How do we know if money is good or bad?

 First, we need to understand what money is for. Money was created because it was difficult for people to trade goods directly, The problem with barter systems is that it was not always easy to find someone who exactly had what you wanted and who also wanted exactly what you had to offer.

For example, if you produce potatoes and someone else produces meat, in order to trade, that person must want potatoes at that exact moment, and you must want meat. If you don’t want the same quantity or quality of goods, the trade becomes complicated.

That’s why money was created ,so they realized they needed a medium that could be used as a medium of exchange, a measure of value, and a store of value.

Throughout history, various items have been used as money, like stones, shells, whale teeth, and rai stones, then metals like gold, copper, and silver, later paper, and today digital money controlled by banks.

Throughout all these attempts, it became increasingly clear that money must have certain characteristics.For example, durability whatever we choose as money must be long-lasting, because if we chose a banana ,it would spoil quickly and lose its value, so it wouldn’t work as money,it wouldn’t be able to serve as a store of value.Divisibility is one of the important characteristics of money. Money must be able to be divided into smaller parts. Divisible forms of money allow transactions of all sizes and amounts.For example, with gold, divisibility was a problem, so people had to use silver and copper coins.Scarcity  Money needs to be rare enough to maintain its value. If there is too much of something, it loses value. That’s why materials like gold and silver, which are relatively scarce, have been used as money for a long time.Money must be easy to store and transfer, and easy to verify  these are characteristics that good money should have. Gold lacked some of these characteristics, which is why banks, paper money, and debt-based currencies appeared.

If you analyze it closely, there is no single physical object in the world that has all the characteristics of good money.The digital age has made it possible to create money that has all the necessary characteristics.

Bitcoin is the best money humanity has ever had.

How do we know if money is good or bad?

 First, we need to understand what money is for. Money was created because it was difficult for people to trade goods directly, The problem with barter systems is that it was not always easy to find someone who exactly had what you wanted and who also wanted exactly what you had to offer.

For example, if you produce potatoes and someone else produces meat, in order to trade, that person must want potatoes at that exact moment, and you must want meat. If you don’t want the same quantity or quality of goods, the trade becomes complicated.

That’s why money was created ,so they realized they needed a medium that could be used as a medium of exchange, a measure of value, and a store of value.

Throughout history, various items have been used as money, like stones, shells, whale teeth, and rai stones, then metals like gold, copper, and silver, later paper, and today digital money controlled by banks.

Throughout all these attempts, it became increasingly clear that money must have certain characteristics.For example, durability whatever we choose as money must be long-lasting, because if we chose a banana ,it would spoil quickly and lose its value, so it wouldn’t work as money,it wouldn’t be able to serve as a store of value.Divisibility is one of the important characteristics of money. Money must be able to be divided into smaller parts. Divisible forms of money allow transactions of all sizes and amounts.For example, with gold, divisibility was a problem, so people had to use silver and copper coins.Scarcity  Money needs to be rare enough to maintain its value. If there is too much of something, it loses value. That’s why materials like gold and silver, which are relatively scarce, have been used as money for a long time.Money must be easy to store and transfer, and easy to verify  these are characteristics that good money should have. Gold lacked some of these characteristics, which is why banks, paper money, and debt-based currencies appeared.

If you analyze it closely, there is no single physical object in the world that has all the characteristics of good money.The digital age has made it possible to create money that has all the necessary characteristics.