Kinds of Money (Shells → Gold → Paper → Digital)
6 min readarticleIncludes quiz · 2 questions
Money evolved like communication - from smoke signals (shells, beads) to telegraphs (gold coins) to smartphones (digital ledgers). Each upgrade made value transfer faster and easier. Bitcoin is the internet of money.
What makes money work well?
- •Scarce: Hard to create more.
- •Durable: Doesn't break.
- •Portable: Easy to move.
- •Divisible: Works for big and small purchases.
- •Verifiable: Easy to check it's real.
- •Widely accepted: Other people want it too.
Test Your Knowledge
This lesson includes a 2-question quiz (passing score: 75%).
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