Money or currency?

Money is there, seated on the throne of the most misguided conception. If not all. The prime nature of money made its value an endless ocean. Constantly, it flows in & out coming in forms of exchange & trade, services & values, etc. Everywhere you go, money is the most common commonality that levels up as the general language everyone understands.?

Even the blind knows its value and likewise the dumb. WallStreetMojo would define money as a medium of exchange, value store, account unit, and payment standard. For me I’d say, money is capital, investment, assets, shares, etc, that further can be depreciated or reimbursed to the nearest value it sums up to.?

Agree with me that money has been en-vogue right from the ancient days. Let’s rule out the fiat currency. The world has been functioning, bartering, trading and making money an everyday commodity.?

Do you want to know why I call in depreciation and reimbursement? Well, history would tell you that ‘salary’ was a name derived from Rome’s major commodity, ‘Sal.’ A Latin word for salt. Salt was one of the biggest commodities as of that time. Every trade recognized it and no home wouldn’t wish for salt. Check ahead to today and it has a different story.

The essential element of salt made it a common commodity that is most definitely to be found in every home and no more a ‘wish.’ It is essential because the need for it is up to climax, but the amount in value isn’t all reimbursing. My point is, the value of money back then is not what it is with the present moment. To rephrase it, the value of money is a kind of volatile. It can depreciate the same way it can reimburse.?

Which brings me to this daunting spot where we struggle to overcome a regular misplacement between money and currency. It might interest you to know that currency is just there. Its amount in value doesn’t have an interest or a loss, (except for cases that you lost your cash). Currency is a sub-divisionary means of money circulation.

So when you live every day relying on currency to survive, you’re actually ruling out every possibility money can afford. The world you know is changing and what seems like the worst might only be in the event of ignorance. Money is gold, it’s also silver, investment, real estate, and many more.

One of the biggest mistakes we make on the journey of wealth creation is investing in currency and not money! Don’t assume wrong, but everything with currency ends in currency. The banking sectors are 'means of money' just the same way the fiat currency is. In short, anything valuable is money. So far, they're in the sight of exchange and under the nose of goods and services. There’s value at the center of it all.

You learnt that digital skills because you find value in it and those values are likely fair and convertible to money. Is there then the need to limit the possibilities of money by investing in currency alone? When you have a business with a registered bank account, and you run an Advert that leads people buying your services and product, you actually maximized every opportunity and chance of growth.

With the sun shining down on us every day, the future only draws nearer. In actuality, no one knows what the future holds but somehow, we feel we could tell what it looks like. If there once was a world of barter and trade, and yet, lived to develop into Fiat currency and crypto currency, what we could say of the next??

Don’t tell me you’re ignorant about this? Shocking, but buying shares is not much different from saving money in the bank account. They are all means and forms of money circulation. However, buying shares is with the purpose of investment.?

The land-boss Anumba Uchechukwu would say that investing in real estate is gold mining, which still falls under that means of money. Try to Inculcate this understanding that depending on currency alone limits every possibility of growth. Oh! What about Bitcoin and crypto currency, Forex and Fiat trade??

What is your take on the future outcome of money??

If you're just coming across my post for the first time? I'm Ugochukwu Victor Nwaghanata ?? , work for nations of great minds. Connect with me and turn on the notification ??? on my profile. I share thought-provoking content that has you ask yourself some right questions.?