Jerry Rassamni on LinkedIn: #evolution #cryptocurrency | 112 comments (2024)

It all started from nothing and ended with nothing. Two different epoch with similar exchange pattern but with completely different outcome.While commodities exchange commodities with no measure of real value in the early stage of payment, virtual medium of payment replaced exchange of cash in the last stage of payment but now with the value of the commodities traded being adequately and accurately measured.***Lesson Learnt***: Until that business you own begin to exploit the opportunities that abound in the future through incorporation of less stressful payment methods, I can't guarantee your kids would have a legacy as such to safeguard on your behalf when you are gone. Fix the present and always prepare for the future. Always remember that nothing last forever; not even a payment method.

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💸 The Evolution of Money: From Barter to Crypto 🌐✨As we navigate the digital age, the concept of money has undergone a fascinating transformation. From ancient barter systems to the rise of cryptocurrencies, the journey is nothing short of extraordinary.💡 Key Milestones:1. Barter and Trade Era2. The Birth of Coins and Currency3. The Age of Banking and Paper Money4. Digital Revolution: Cards and Online Transactions5. Crypto Revolution: Bitcoin and BeyondThe evolution continues, shaping how we exchange value globally. What's your take on the future of money? Share your thoughts! 💬💰 #EvolutionOfMoney #DigitalCurrency #CryptoRevolution #FinancialInnovation

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The evolution of money. Such a cool representation with the help of AI#ai #money #moneytips #investments

Money's evolution is a fascinating journey. From barter systems to precious metals, it transformed into coins and paper currency. The digital age introduced credit cards, online transactions, and cryptocurrencies like Bitcoin. Constantly adapting, money reflects societal needs, technological advancements, and shifts in economic paradigms, shaping the future of transactions. 🪙💰💳

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We have to understand that money is not just the cash we leave in the bank, purchasing a real estate doesn’t mean you lost the money for it, it means you converted it from a liquid Asset to a physical one 👌🏽 Do you kno what’s the difference between Liquid Asset and Physical Asset ? Let’s Learn together ..

From bartering shells to #digitalcurrencies, money's journey is a fascinating tale of change and progress, adapting to our needs and desires with every twist and turn. #evolutionofmoney #money #blockchain #digitalcurrency

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🏎️ The number of global#cryptocurrencyowners accelerated 34% to 580 million in 2023, according to research from#cryptoexchangeCrypto.com.#Bitcoinholders grew 33% to 296 million and make up 51% of all#cryptocurrencyholders.#Etherowners increased 39% to 124 million by the end of the year to comprise 21% of the worldwide crypto owner base.The researchers pulled data from about 23 global VASPs.📑 Read the full report in the comments 👇

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What are wrapped tokens?Wrapped tokens are a #technology that involves creating a copy of a #cryptocurrency on a different #blockchain. The most well-known example of this is #Wrapped #Bitcoin (WBTC), which allows the value of Bitcoin to be transferred onto the Ethereum network.Wrapped Bitcoin operates as follows: You send Bitcoin to a specific address (a custodian), and a smart contract on the Ethereum network mints and sends #WBTC to your #wallet. To retrieve your original #BTC, you need to return WBTC. Alternatively, you can sell the wrapped token, transferring ownership of the original asset to the buyer 🤔.Wrapped #tokens are issued in a 1:1 ratio, with their price meant to mirror the value of the original asset. However, due to protocol issues, blockchain limitations, or market dynamics, this peg can break.Remember this for future reference 😉.

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Launch a Meme Coin: Navigating the #Crypto Craze with Style and CautionIn recent years, the #cryptocurrency landscape has been dominated by established names like Bitcoin and #Ethereum, symbolizing a shift towards decentralized financial systems. Amidst this revolution, a novel category of digital assets, known as #memecoins, has emerged, captivating the interest of both experienced and novice investors.Read More : https://lnkd.in/eQYXs3pr

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Stay up-to-date with the latest #cryptocurrency news! This week’s 21Shares carousel covers Bitcoin rising to its highest level since 2022, Germany’s largest bank applying for a digital asset license, MakerDAO, Tether.to, and more. Check it out and subscribe to our newsletter:https://lnkd.in/gA-KyXKq

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