The Evolution of Money Through the Ages

The discussion highlights the historical progression of money, starting with the use of commodity money such as gold and silver, which were valued for their scarcity. As societies evolved through the industrial age, the transition to paper currency occurred to simplify transactions. This led to the modern era characterized by digital payments, yet still lacking an internet-native form of money. Bitcoin represents a groundbreaking solution to this issue by introducing verifiable scarcity online, establishing itself as a true form of digital currency.