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RE: Cryptocurrency: The Evolution Of Ledger Based Money

in LeoFinance7 months ago

Well, for example, Bitcoin was an attempt to create a decentralized currency without a "central server" that could be banned or destroyed. People embraced this idea and began to consider Bitcoin as a means of payment even before it was recognized by states.

And this is the so-called money surrogate. And in the past there were many things that were surrogates of money. The same gold or precious stones. Or even salt.