Cryptocurrency and the History of Money

New Media  | 28 de abril de 2017  | Vistas: 16

Nick Szabo, author of Bitgold, talks about how money has changed meaning and representation throughout history. Money, says Szabo, is a medium of exchange and has always shown to look for the same characteristics: scarcity, durability, divisibility and authority resemblance.

Cryptocurrencies have solved several security issues as authenticity of money, lack of demand and a transaction history.  Among the cryptocurrencies are: RPOW (2005), Bitcoin (2009), Ethereum (2015), Zcash (2017).