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RE: Cryptocurrency: Money Was Always In The Hand Of Private Entities

in LeoFinance3 years ago

Certainly, we are living and witnessing the evolution of money through cryptocurrencies. I fully agree with what you say in this post, especially regarding the fact that money and wealth are not the same thing, although they are related.

The way I see it, money doesn't necessarily make wealth, but wealth always makes money. The relationship is that simple, and we can see it because those who have money do not always know how to use it to produce more money, which is the basis of wealth. On the other hand, who knows how to produce money, putting money in motion through investments, has the basis of true economic wealth.

That is to say, as I see it, money does not always mean wealth, because paralyzed it means nothing more than a means of value in an inert state, but set in motion, money makes it possible to enable the means that constitute wealth; and wealth, seen as the capacity to generate value (useful things, such as goods and services), will always generate money with it and at the same time much more capacity to produce more and more wealth.

I really liked your post. Thanks for sharing. Greetings.

P.S.: Speaking of something else, I'm already linking my posts to LeoGlosary terms to help LeoFinance with SEO.

Again. Greetings.

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