I Am Bored

Loads of viral videos, games, memes, lists and social networking for when you're bored. Updated every day, so visit often.
Latest Popular Most Bookmarked Most Emailed Top Rated My Favorites Random Chat
All Games Funny Entertainment Quizzes Weird Tech Lifestyle, Arts & Lit. News & Politics Science Sports Misc
T-Shirts   Submit Content  

The History Of Money [Pic]

submitted by: AFTERSHOCK
< Back Next >
The History Of Money [Pic]. Humans have been using banks and currency for thousands of years. See how far weve come, from bartering to Bitcoins.
+ Add to Favs
View/Add
Hits: 3599 | Favorites: 0 | Emailed: 0 | Rating: 3.0 | Category: Misc. | Date: 06/13/2014
 
 popular today
12 Interesting Facts You May Not Know [Pix] You can learn something new everyday.
20 Astonishingly Awesome Asses [Pix] No need for smiling faces. The view is fine from the rear. NSFW
Biggest Fear [Pic] So guys, we can be fat, just don`t kill `em.
It`s Called Fashion [Pic] Look it up.
The Cool Guys At The Beach This Summer [Pic] If your in the with the hip or In crowd and really skinny, this is the suit for you this summer. NSFW
More Comments >

SavageChef
Female, 50-59, Western US
 1965 Posts
Tuesday, June 17, 2014 12:56:53 AM
Fun fact: I draw little pictures of stick-kitties, and people give me money.

JoexBro
Male, 18-29, Eastern US
 352 Posts
Friday, June 13, 2014 1:49:56 PM
I think you are all missing the main point of this discussion. It's a re-post.

OldOllie
Male, 60-69, Midwest US
 12964 Posts
Friday, June 13, 2014 11:36:40 AM
Now the Fed just creates money out of thin air and uses it to buy up new government debt instruments at 0% interest. Hint: this can't go on forever.

onoffonoffon
Male, 30-39, Western US
 2016 Posts
Friday, June 13, 2014 11:21:47 AM
@auburnjunky- yeah bitcoins are more then a little mind bending. It took me multiple study sessions to understand them somewhat. He goes a brief idk... The stability of a money type is in the ability to defend it from fraud and ensure it's authenticity. The value of money is in the public`s perception of the stability and steadfastness of the issuer. So, fraud and inflation are the two enemies of money systems. Bitcoin is an attempt to manage this. The govs are worried because people put their money where their faith is. Also, one of the key points of money creation is that it allows for taxation without diminishing the asset.

auburnjunky
Male, 30-39, Southern US
 9877 Posts
Friday, June 13, 2014 9:12:35 AM
Still don't understand bitcoin....

More Comments >
 


Bored | Suggest a Link | Contact I Am Bored | About I Am Bored | Link to I Am Bored | Live Submission | Privacy | TOS | Ad Choices | Copyright Policy |
© 2014 Demand Media, Inc. All rights reserved.