What Is the Essence of Money and How Did It Evolve?

LFi Official
Jan 5, 2024

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Money serves as a means of storing value and facilitating the exchange of goods and services. It can take various forms, from physical currency to digital assets, and has evolved to encompass emergent assets. The essence of money in the digital age is a societal construct based on shared belief, and trust plays a crucial role in its function.

Learn more about the essence of money here.

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LFi Official

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