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Author Topic: What is money to you?  (Read 7651 times)

Offline Delgboke

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What is money to you?
« on: December 13, 2020, 04:09:36 AM »
Many people understand the use of money in different way, I have heared someone defined money as spendable asset, but for me in simple terms money is a current medium of exchange, then what is currency? It is funny to hear people say that currency is a hard currency, I think the correct understanding of currency is define in this manner A currency is a system of money in general use in some part of the country. What do you call money?
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What is money to you?
« on: December 13, 2020, 04:09:36 AM »

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Offline Crypto Guard

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Re: What is money to you?
« Reply #1 on: December 13, 2020, 04:49:37 AM »
Money for me is a source of life where we can live if we have money. all kinds of things we can buy with money. And this money is a medium of exchange that is most sought after and needed by many people.
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Offline tsakf

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Re: What is money to you?
« Reply #2 on: December 13, 2020, 09:02:31 AM »
Money for me is a source of life where we can live if we have money. all kinds of things we can buy with money. And this money is a medium of exchange that is most sought after and needed by many people.

I agree with the most, but the source of life? No, it's just an easy way, to settle transactions. Any commodity, that is necessary, to all people, and does not degrade with time, (for example, laundry powder), can be used for transaction settlement.

Offline Andruha1993

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Re: What is money to you?
« Reply #3 on: December 13, 2020, 09:30:43 AM »
For me personally, money is a medium of exchange. And to be honest, when I have little money in my pocket or in my portfolio, then my mood spoils.
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Re: What is money to you?
« Reply #4 on: December 13, 2020, 11:25:12 AM »
Money, as you know, rules the world, and it doesn't get anywhere from it, just as without it you will be lost. It should only be a means and an opportunity to achieve your goal and success, but in many cases big money becomes big problems for those who they received not long years of work and labor. We need money for life and to provide ourselves and our families with the greatest possible benefits of humanity.

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Re: What is money to you?
« Reply #5 on: December 13, 2020, 11:55:33 AM »
Many people understand the use of money in different way, I have heared someone defined money as spendable asset, but for me in simple terms money is a current medium of exchange, then what is currency? It is funny to hear people say that currency is a hard currency, I think the correct understanding of currency is define in this manner A currency is a system of money in general use in some part of the country. What do you call money?

In this world, money has significant importance because we need money to purchase our daily needs and whatsoever. But I believe each person has different views about money and for me, it's different and I dont consider it as a source of life but instead it just a material thing that used to exchange for something that we need.

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Re: What is money to you?
« Reply #6 on: December 13, 2020, 11:57:36 AM »
Money for me is a source of life where we can live if we have money. all kinds of things we can buy with money. And this money is a medium of exchange that is most sought after and needed by many people.

We can buy almost all things with money but we cannot buy contentment and happiness. Money is life but love is lifer. Yes, money is a medium of exchange but it is not the major source of life. We cannot buy breath, we cannot buy night and day. Money cannot buy all things.

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Re: What is money to you?
« Reply #6 on: December 13, 2020, 11:57:36 AM »


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Re: What is money to you?
« Reply #7 on: December 13, 2020, 01:08:04 PM »
In my opinion, the main purpose of all of us in this world is to earn money no matter what we do.  Because in exchange for money we get everything in this world.  I and my family need money to survive. In exchange for money I get different elements. In exchange for money I need money to survive.  I also get various items like money exchange, food, clothes, house, car, so the value of money is immense to me.
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Offline KKH84

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Re: What is money to you?
« Reply #8 on: December 13, 2020, 01:26:09 PM »
Actually, many do not understand the difference between money and currency because there is rarely education about it.  Banknotes in circulation today actually have no value (only a few percent are backed up with gold), while currencies have an intrinsic value, such as gold and silver, because gold and silver are genuine currencies.

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Re: What is money to you?
« Reply #9 on: December 13, 2020, 01:33:39 PM »
Money is something from which everything completely depends and therefore everyone needs money in order to exist in this world, someone has no money and they are trying to survive in this complex world, and someone is bathed in money and they lives an incredible life, and therefore money was created to control everything completely with them.
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Offline Black ID

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Re: What is money to you?
« Reply #10 on: December 13, 2020, 01:43:48 PM »
Money in my opinion is a medium of exchange. Where everyone needs it. and all the things we can buy with money. This money has a clear value and has been approved by the user. and money is what makes me survive, because life will be difficult when I have no money.
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Re: What is money to you?
« Reply #11 on: December 13, 2020, 01:48:00 PM »
Many people understand the use of money in different way, I have heared someone defined money as spendable asset, but for me in simple terms money is a current medium of exchange, then what is currency? It is funny to hear people say that currency is a hard currency, I think the correct understanding of currency is define in this manner A currency is a system of money in general use in some part of the country. What do you call money?
The US dollar is considered money and its rate is still high against other fiat currencies. But let's look at the cryptocurrency chart to understand that the bitcoin rate is already $ 19,400 compared to 5 years earlier, this is an increase of 10,000%. For me money is bitcoin
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Re: What is money to you?
« Reply #12 on: December 13, 2020, 01:55:17 PM »
Money in my opinion is a wealth, where people who have a lot of money can have everything and are called rich people. This money can be exchanged for whatever we want. We want our investment to also need money. We want to eat also need money.
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Offline labonikhatun

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Re: What is money to you?
« Reply #13 on: December 13, 2020, 01:56:47 PM »
The value of the fiat currency has fallen sharply as the value of the US dollar has risen the high price of bitcoin has further boosted the value of the dollar people who make money on bitcoin can do everything as they please. The government does not has to pay any tax from here but the demand for us dollars and bitcoin as a rule of thumb has increased a lot as fiat has been applied for currency bitcoin's rate will increase a lot.

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Re: What is money to you?
« Reply #14 on: December 13, 2020, 02:09:19 PM »
Cryptocurrencies are not money, but they can be if used among people interested in blockchain. Exchange and purchase of cryptocurrencies can be through a bank card in 1 minute and the commission is within reasonable limits.
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