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The Future of Money P4: The Difference Between Money and Currency
In the fourth entry of the Future of Money series, we dive into the difference between money and currency. Though often used interchangeably, these concepts are distinct.
Most believe money was invented to facilitate trade, but because preserving wealth through inheritance and marriage both predate trade, transferring wealth was more urgent than trade. Therefore, the need to transfer wealth led to man’s creation of money.
Discover what BitClout is, how it works, whether or not it’s a scam, why it’s valuable, and why it may disrupt Twitter.