- 18 Dicembre 2017
- by Alberto Gregorio
The 7 features of good money
Before understanding gold, one first needs to understand money. Money is one of the most important discoveries of mankind.
For thousands of years, it has played a central role in our social and economic progress, in improving our quality of life and it has facilitated and incentivized the exchange of goods, services, ideas and innovations. These days, we hardly think about it, but without money we would still be hunter-gatherers, divided into tribes struggling for food and survival.
Thus, it is very important to understand what money really is, and even more so, to identify the key features that make it work best; the characteristics of good money.