AI文章摘要
I had the opportunity to visit the Money Museum in Lisbon recently.
It did a very nice job of explaining how money is an abstraction of value and represents stored value, a unit of account, and a means of exchange.
Did you know that, once upon a time, in Africa, bars of salt were used as money? I didn’t.
It also showed coins from centuries past and empires long forgotten.
And what it showed, without actually saying so, is that the definition of “what is money” changes over time.
What was valuable 500 years ago as a representation of money today has basically no worth.
So, take that and project forward.
Do people really think we have hit the pinnacle of what money looks like?
Are we so arrogant as to believe that no future innovation of money is possible?
If so, you are betting against thousands of years of history.
We’ve gone crashing into the Digital Age in the past 20 years.
And, as the sign at the museum says,
financial systems gradually evolved in response to the growing complexity of society and to globalisation
No reason to expect that would change this time around.
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