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Author Topic: What is money to you?  (Read 7638 times)

Offline Quantum X

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Re: What is money to you?
« Reply #15 on: December 13, 2020, 04:13:19 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?

I think a person who answered you that money is a hard currency don't know about digital currency and too traditional. In that since we can explain to them what is crypto and teach them how it works and being use in the digital market.

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Re: What is money to you?
« Reply #15 on: December 13, 2020, 04:13:19 PM »

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Offline missbtc

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Re: What is money to you?
« Reply #16 on: December 13, 2020, 05:29:51 PM »
For me, the concept of money is fiat money and cryptocurrencies money.  For me, there is no big difference in my perception, for me these concepts are equivalent.  The only difference is that fiat is accepted everywhere, and so far few people accept cryptocurrencies money as payment. I think in 10-15 years, cryptocurrencies will be accepted everywhere...

Offline Octoalts

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Re: What is money to you?
« Reply #17 on: December 13, 2020, 06:38:50 PM »
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.
That's right, my friend, money is the source of life. We can live without money, if we have a large field for us to plant basic foodstuffs. But the necessities of our life are not only food, we need a lot of it and all of it needs money. Without money, life will be difficult!
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Offline Tnoy30

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Re: What is money to you?
« Reply #18 on: December 13, 2020, 08:45:52 PM »
Many people think that money is worthless. Many believe in gold, many believe in cryptocurrency. People love to acquire wealth. That can be any relationship. Maybe any product. I think the popularity of cryptocurrency has increased a lot nowadays.

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Re: What is money to you?
« Reply #19 on: December 14, 2020, 06:16:13 AM »
For me, the concept of money is fiat money and cryptocurrencies money.  For me, there is no big difference in my perception, for me these concepts are equivalent.  The only difference is that fiat is accepted everywhere, and so far few people accept cryptocurrencies money as payment. I think in 10-15 years, cryptocurrencies will be accepted everywhere...

Very well said. When people get used to Central Banks Digital Currency, they will start accepting cryptocurrency too. The time frame. I think is correct.

Offline TOPBitcoin

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Re: What is money to you?
« Reply #20 on: December 14, 2020, 03:40:28 PM »
For me money is a very important transaction tool, an object that is accepted by the general public as a medium of exchange in economic activity. Money is obtained by someone for an effort to sell goods or services in society, money is very easily accepted by society to measure value, exchange, and make payments for the purchase of goods and services, and at the same time as a means of hoarding wealth
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Offline jakasantosa

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Re: What is money to you?
« Reply #21 on: December 14, 2020, 06:35:39 PM »
For me, the concept of money is fiat money and cryptocurrencies money. 
Yes, I agree with the concept but the clear difference in my opinion is that Fiat money or real money that clearly has a shape and form, whether it's paper or metal that can be seen and held in shape. Meanwhile, crypto money has no form and cannot be touched. The equation is that it can be used as an investment asset in the long run.
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Re: What is money to you?
« Reply #21 on: December 14, 2020, 06:35:39 PM »


Offline ashraf786100

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Re: What is money to you?
« Reply #22 on: December 15, 2020, 03:31:09 AM »
The basic goal of all of us in this world is to earn money so that we can do anything. Because in exchange for money, we get everything in this world. I need money to keep my family alive. In return for the money, I have got a lot of different elements.
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Offline msz900

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Re: What is money to you?
« Reply #23 on: January 14, 2021, 02:48:57 PM »
Money is a basic need for everyone and we have to use it according to our need not to become greedy and do bad things. People earn money without thinking about the way they adapt to it.
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Offline Gurujebs

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Re: What is money to you?
« Reply #24 on: February 04, 2021, 05:56:28 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?

I view money as something that help you get value and it weight changes as economy progresses due to inflation or deflation.
It's possible that a nation might be improving at increasing or improving at decreasing rate or even at worse at decreasing rate.
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Offline Mas Bro

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Re: What is money to you?
« Reply #25 on: February 06, 2021, 06:54:01 AM »
Money is a legal medium of exchange in a country even in this world. If currency is the pride of a country. Each currency has a different exchange rate in every country in the world. Without money we can't do anything. Each of us does work that is expected to earn only money.
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Offline Repriper

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Re: What is money to you?
« Reply #26 on: February 08, 2021, 05:59:12 PM »
money is a medium of exchange that is used to exchange goods or services in real terms. Over time, money has now begun to evolve into something that is vital to human life.

Offline Sammy9ce

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Re: What is money to you?
« Reply #27 on: February 11, 2021, 01:04:25 PM »
Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. Money is also any object that is generally accepted as payment for goods and services.
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Re: What is money to you?
« Reply #28 on: February 11, 2021, 08:54:02 PM »
Money, is very important, because, it is a store of value, that can be used later, and exchanged, for something else.

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Re: What is money to you?
« Reply #29 on: February 13, 2021, 03:33:35 PM »
money can be a source of disaster, rather than a resource for developing interpersonal relationships and enriching the meaning of life. Actually, the concept of success from then and even now cannot be equated with just a lot of money. A person can be said to be successful if he clearly realizes and uses all functions, all parts and all capacities in himself for the good of others and society, not just for his personal benefit.

 

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