Finance News
By Steven Anderson
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Galia Benartzi, Co-Founder at Bancor Network, in the past stated how user generated currencies has become common like user generated content on You Tube, and Word Press.
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Any useful statement about the future will first seem ridiculous. These are new concepts, if they were obvious, we would have already have them, but we are talking about…
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She spoke about how humans tell stories and believe stories. And, also about how humans are capable of walking when it is green and stopping when it’s green to generally make it…
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Two main protocols which humans use to interact with each other is sharing of information and the sharing of values. Information when shared is copied.
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The interesting thing about value is that value can exist only in one place at a time. The fundamental difference between the information protocol and the value protocol.
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Money as an accounting system was invented to exchange value with people we do not know. Money as a tool helps collaborate to transact value in larger and larger groups.
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Money in the beginning came from the earth like gold, silver, oil, and salt. Over time in case of Money 2.0, money came from the government and they kept track of money.
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Money 3.0 brings us in to an entirely new paradigm of money issuance, where does it come from, where does it originate, who gets it, who gets to have it, what are the rules that…
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Sydney Ifergan, the crypto expert tweeted: “Galia Benartzi, Co-Founder at Bancor Network (BNT) have explained Money 2.0 and Money 3.
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