{"id":4816,"date":"2023-01-03T15:39:21","date_gmt":"2023-01-03T15:39:21","guid":{"rendered":"http:\/\/bitcoinfoundations.org\/?page_id=4816"},"modified":"2024-08-09T11:12:03","modified_gmt":"2024-08-09T11:12:03","slug":"what-is-money","status":"publish","type":"page","link":"https:\/\/bitcoinfoundations.org\/?page_id=4816","title":{"rendered":"What is Money?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"4816\" class=\"elementor elementor-4816\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8ubkabp elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8ubkabp\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fc33e9d\" data-id=\"fc33e9d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0277a21 elementor-widget elementor-widget-heading\" data-id=\"0277a21\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Part One<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66c4eb3 elementor-widget elementor-widget-heading\" data-id=\"66c4eb3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">What is Money?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5812487 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5812487\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-615e54b elementor-widget elementor-widget-text-editor\" data-id=\"615e54b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Learn about the concept of money from first principles. These articles cover topics such as trade, the evolution of money through time and the properties that make a good money.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-87154f7 elementor-align-left elementor-mobile-align-center elementor-tablet-align-center elementor-widget elementor-widget-button\" data-id=\"87154f7\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"http:\/\/bitcoinfoundations.org\/?p=4678\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Lets Begin<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3655b8e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3655b8e\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-355e45f\" data-id=\"355e45f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-afe6395 elementor-invisible elementor-widget elementor-widget-ucaddon_uc_card_post_carousel\" data-id=\"afe6395\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"ucaddon_uc_card_post_carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Post Carousel Lite -->\n\t\t<link id='font-awesome-css' href='https:\/\/bitcoinfoundations.org\/wp-content\/plugins\/unlimited-elements-for-elementor\/assets_libraries\/font-awesome6\/fontawesome-all.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='font-awesome-4-shim-css' href='https:\/\/bitcoinfoundations.org\/wp-content\/plugins\/unlimited-elements-for-elementor\/assets_libraries\/font-awesome6\/fontawesome-v4-shims.min.css' type='text\/css' rel='stylesheet' >\n\t\t<link id='owl-carousel-css' href='https:\/\/bitcoinfoundations.org\/wp-content\/plugins\/unlimited-elements-for-elementor\/assets_libraries\/owl-carousel-new\/assets\/owl.carousel.css' type='text\/css' rel='stylesheet' >\n\n<style>\/* widget: Post Carousel Lite *\/\n\n#uc_uc_card_post_carousel_elementor_afe6395 *{\n  box-sizing:border-box;\n}\n#uc_uc_card_post_carousel_elementor_afe6395{\n  position:relative;\n  min-height:1px;\n}\n#uc_uc_card_post_carousel_elementor_afe6395 .uc_image_carousel_content{\n\ttext-align:center;\n    display: flex;\n     flex-flow: column nowrap;\n}\n#uc_uc_card_post_carousel_elementor_afe6395 .ue_post_carousel_item\n{\n  overflow:hidden;\n  \n}\n\n#uc_uc_card_post_carousel_elementor_afe6395 .ue_post_btn_holder\n{\n  margin-top:auto;\n}\n\n#uc_uc_card_post_carousel_elementor_afe6395 .uc_more_btn{\n\n  display:inline-block;\n  text-align:center;\n  text-decoration:none;\n} \n\n.uc_overlay_image_carousel .uc_more_btn{\n  text-decoration:none;\n  display:inline-block;\n}\n\n.uc_overlay_image_carousel .uc_post_title{\n  font-size:21px;\n  text-decoration:none;\n}\n\n#uc_uc_card_post_carousel_elementor_afe6395 .owl-nav .owl-prev{\n    position:absolute;\n    display:inline-block;\n    text-align:center;\n}\n#uc_uc_card_post_carousel_elementor_afe6395 .owl-nav .owl-next{\n  position:absolute;\n  display:inline-block;\n  text-align:center;\n}\n\n\n#uc_uc_card_post_carousel_elementor_afe6395 .owl-dots {\noverflow:hidden;\ndisplay:true !important;\ntext-align:center;\n}\n\n#uc_uc_card_post_carousel_elementor_afe6395 .owl-dot {\nborder-radius:50%;\ndisplay:inline-block;\n}\n\n<\/style>\n\n<div class=\"uc_overlay_image_carousel\" id=\"uc_uc_card_post_carousel_elementor_afe6395\" data-custom-sethtml=\"true\" >\n   <div class=\"uc_carousel owl-carousel owl-theme uc-items-wrapper\">\n   \t\t<div class=\"uc_image_carousel_container_holder ue_post_carousel_item ue-What Is Money?\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/bitcoinfoundations.org\/?p=4678\"><div style=\"background-image:url(https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_trading_in_a_ancient_japanese_style_market_in_the_ar_198b2066-d7d0-4ac6-93f6-b727533f7591-768x512.png); background-size:cover; background-position:center; height:200px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n                <a href=\"https:\/\/bitcoinfoundations.org\/?p=4678\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">1.1 Why We Trade: The Link to Time<\/div><\/a>    <div class=\"ue_post_intro\">The origins of trading appear to have no real beginning and seemingly no real end. Without it, our society,...<\/div>    <div class=\"ue_post_btn_holder\"><a class=\"uc_more_btn\"  href=\"https:\/\/bitcoinfoundations.org\/?p=4678\">Read More<\/a><\/div>  <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item ue-What Is Money?\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/bitcoinfoundations.org\/?p=4940\"><div style=\"background-image:url(https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_an_image_split_into_three_sections._The_right_third__324d67f1-a883-4ae4-904a-68e692fa0561-768x512.png); background-size:cover; background-position:center; height:200px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n                <a href=\"https:\/\/bitcoinfoundations.org\/?p=4940\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">1.2 Limitations of the Barter System<\/div><\/a>    <div class=\"ue_post_intro\">We discussed why trade was necessary in our\u00a0previous article. Here we&#8217;ll cover trade in its most...<\/div>    <div class=\"ue_post_btn_holder\"><a class=\"uc_more_btn\"  href=\"https:\/\/bitcoinfoundations.org\/?p=4940\">Read More<\/a><\/div>  <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item ue-What Is Money?\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/bitcoinfoundations.org\/?p=5244\"><div style=\"background-image:url(https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/Monkey-jpeg-768x527.jpg); background-size:cover; background-position:center; height:200px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n                <a href=\"https:\/\/bitcoinfoundations.org\/?p=5244\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">1.3 the Evolution of Money<\/div><\/a>    <div class=\"ue_post_intro\">Money is often taken for granted as a part of our daily lives, but it is important to remember that it...<\/div>    <div class=\"ue_post_btn_holder\"><a class=\"uc_more_btn\"  href=\"https:\/\/bitcoinfoundations.org\/?p=5244\">Read More<\/a><\/div>  <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item ue-What Is Money?\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/bitcoinfoundations.org\/?p=5474\"><div style=\"background-image:url(https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/01\/rukiegamer_Captain_America_as_Bitcoin_depicted_as_a_powerful_an_8b20e78c-d18e-45f6-92c5-8db7e12b220f-768x512.png); background-size:cover; background-position:center; height:200px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n                <a href=\"https:\/\/bitcoinfoundations.org\/?p=5474\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">1.4 Properties of Good Money<\/div><\/a>    <div class=\"ue_post_intro\">The value of an item is determined by its utility or usefulness to an individual.1,2 Contrary to this,...<\/div>    <div class=\"ue_post_btn_holder\"><a class=\"uc_more_btn\"  href=\"https:\/\/bitcoinfoundations.org\/?p=5474\">Read More<\/a><\/div>  <\/div>\n<\/div>\n<div class=\"uc_image_carousel_container_holder ue_post_carousel_item ue-What Is Money?\">\n  <div class=\"uc_image_carousel_placeholder\">\n    <a href=\"https:\/\/bitcoinfoundations.org\/?p=5627\"><div style=\"background-image:url(https:\/\/bitcoinfoundations.org\/wp-content\/uploads\/2023\/02\/No-money-768x512.jpg); background-size:cover; background-position:center; height:200px;\"><\/div><\/a>\n  <\/div>\n\n  <div class=\"uc_image_carousel_content\" >\n                <a href=\"https:\/\/bitcoinfoundations.org\/?p=5627\" style=\"text-decoration:none;\"><div class=\"uc_post_title\" style=\"text-decoration:none;\">1.5 Violating Scarcity: the Price of Unlimited Supply<\/div><\/a>    <div class=\"ue_post_intro\">The previous article discussed the properties of good money. In this article, we&#8217;ll explore the...<\/div>    <div class=\"ue_post_btn_holder\"><a class=\"uc_more_btn\"  href=\"https:\/\/bitcoinfoundations.org\/?p=5627\">Read More<\/a><\/div>  <\/div>\n<\/div>\n\n   <\/div>\t\n<\/div>\n<!-- end Post Carousel Lite -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Part One What is Money? Learn about the concept of money from first principles. These articles cover topics such as trade, the evolution of money through time and the properties that make a good money. Lets Begin 1.1 Why We Trade: The Link to Time The origins of trading appear to have no real beginning &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/bitcoinfoundations.org\/?page_id=4816\"> <span class=\"screen-reader-text\">What is Money?<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","two_page_speed":{"current_score":{"desktop_score":99,"desktop_tti":"0.6\u00a0","mobile_score":95,"mobile_tti":"2.3\u00a0","date":"09.08.2024 11:12:27 am","status":"completed"}},"footnotes":""},"aioseo_notices":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"tenweb_optimizer_mobile":false,"tenweb_optimizer_tablet":false},"uagb_author_info":{"display_name":"Ruki","author_link":"https:\/\/bitcoinfoundations.org\/?author=1"},"uagb_comment_info":0,"uagb_excerpt":"Part One What is Money? Learn about the concept of money from first principles. These articles cover topics such as trade, the evolution of money through time and the properties that make a good money. Lets Begin 1.1 Why We Trade: The Link to Time The origins of trading appear to have no real beginning&hellip;","_links":{"self":[{"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/pages\/4816"}],"collection":[{"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4816"}],"version-history":[{"count":72,"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/pages\/4816\/revisions"}],"predecessor-version":[{"id":7458,"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=\/wp\/v2\/pages\/4816\/revisions\/7458"}],"wp:attachment":[{"href":"https:\/\/bitcoinfoundations.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}