What is Money? Origin – Barter System Tom is a vegetable farmer and Amy is a poultry farm owner, if Tom needs chickens or eggs and if Amy needs vegetables and if both of them have in excess of what they need for themselves then they can trade between each other, now for the trade to happen, they would establish an exchange rate, for example 2 chickens = 5 sacks of potato. However, if at a later time and for …
Continue reading Currency to Crypto Currency & Block Chain – Part 1