Tag: goods

We always needed a method to trade value and probably the most practical solution to do it would be to link it with money.During the past it worked quite nicely as the money that has been issued was associated with gold.So every central bank needed enough gold to cover back all of the money it issued.However, during the past century this changed and gold isn't what's giving value to money but promises...

Bitcoin may be the digital currency that's used to get a number of goods and services around the globe.It works in a similar way as paper money but there are several key differences between your two.Bitcoin also exists in physical form but it's obtainable in digital, the principal form designed for online trading through the use of wallet software or any online service.Bitcoins can be acquired through mining or by trading other styles of money as well as some goods and services...