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Liezl Hekker  Recommended Professional
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Evolution of money

Technology has been evolving ever since the beginning of time, with ground-breaking technologies simplifying people's' lives. Everyone always adapts by positioning themselves to be at an advantage of using the recent technology. Those who don't take advantage early enough only become users of the technology and thus don't benefit from the invention. Those who invest early reap the rewards forever which they pass to future generations. Likewise, money has been evolving and each time a new technology of money is introduced, it simplified transactions and made life easier.

  • Money started with the barter system, where goods were exchanged between individuals in a closed society as there was no universal form of money that could be accepted everywhere. 
  • Then there was gold which was used in exchange for good and services. This was a universal form of money that could be used across societies.  
  • Gold coins were then created and used for buying goods and services. Like the gold, they were universally accepted. 
  • Paper money was introduced as an alternative form of gold for ease of transactions. Governments would print money equivalent to the value of gold in their vault.  
  • Plastic money was introduced to avoid carrying large amounts of money. This money is the form of VISA, MasterCard and other similar cards. 
  • Then there is electronic money which makes use of the internet and makes transactions convenient. 
  • Cryptocurrency is the latest form of money which operates on a peer to peer basis without using a third party in the form of a bank or financial institution. With cryptocurrency, the person owns their money and have control over it. Also, transactions are instant and almost free regardless of the geographical distance between the sender and receiver. Now sending money is like sending an email, which replaced post office completely. Fiat money is also in the process of being replaced by cryptocurrency; it is just a matter of time. Payment done in the USA or Europe to someone in South Africa takes a few minutes and costs a few cents. This is in contrast to the days or weeks it will take when that money is sent through financial institutions which will also need documentation to access it.  

It is better to invest in this new technology and avoid being a user where you just use the technology without benefiting financially from it. Instead, you pay for the technology and make someone wealthy in process. Why don't you become an investor in this amazing technology by getting yourself a mining contract with AWS Mining and accumulate your bitcoins or coins of your choice daily from as little as $40. Don't be a user of this technology but be an investor and start mining today with AWS Mining. No technical skill needed, no waiting period, no monthly fees, no maintenance fees; just guaranteed daily earnings. Click this link to join.  https://awsmining.com/register/bekesto2

This article was published on 24.10.2018 by Bekezela Dube
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AWS Mining - bitcoins, altcoins, 40 USD to join
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