In the past we started with bartering, but ppl are unable to exchange the stuff they want exactly.
So they changed to gold, but its hard to carry around.
So they changed to fiat currency. But government will print money to create hyperinflation and exchanging between countries incur alot of middleman fees.
Its just the logical step forward.
In the past we started with bartering, but ppl are unable to exchange the stuff they want exactly.
So they changed to gold, but its hard to carry around.
So they changed to fiat currency. But government will print money to create hyperinflation and exchanging between countries incur alot of middleman fees.
So they created crypto.