cryptostory

Today, the cryptocurrency system is spreading so rapidly around the world that big investors and undoubtedly many governments are storing their assets in cryptocurrencies. Although according to many people, this system is currently very unbalanced and unreliable, but still this system is growing so rapidly that the world has become a real global village in terms of transactions after the introduction of cryptocurrency.

But this system was not always like this. If we go back in history, many systems were adopted and abandoned by humans and then, through their struggle, they reached the modern crypto system. This is a complete series of introductions to cryptocurrency in which we will learn about cryptocurrency from introduction to advanced level together. We will learn how crypto training is done and how it can be made useful and the best investment can be made. Let's know about the different transaction systems prevalent in the world in this first article.

 If we go back in history, we find that some six thousand years ago, the Mesopotamian civilization, which is also known as the oldest civilization in the world, had a barter system. According to this system, one person used to buy rice from another person in exchange for his wheat, that is, this system worked by exchanging things, but when there were more candidates for one thing, then this system became completely ineffective. That is why many civilizations adopted it and abandoned it. Then when humans discovered valuable teeth, they started using them as coins, in which people could buy anything in exchange for coins and this did not cause problems like the old system. But there was also a problem in the coin system that when people used to move a large number of coins from one place to another over long distances, there was a risk of theft or robbery of these coins, that is why paper currency and check systems were introduced in which people would deposit coins made from their valuable teeth in banks and get them through checks. 
Image taken from free sources

 Now in the world, this same system was transformed into the dollar system for trade between countries after World War II, which is still dominant in the world today. In this system, two countries use dollars for the best trade between them, that is, if a country needs oil from Saudi Arabia, that country can get oil from it by paying Saudi Arabia in dollars. Similarly, all countries that have strong relations with the United States also need the single currency of the dollar to trade with them. That is, if a country has to buy something from another country, even if its currency is not the dollar or the currency of both countries is not the dollar, they still have to exchange money in the dollar currency. Due to this, the dollar system became popular all over the world. 

Today's article is only here. In the next article, we will know how the dollar system caused the rise and fall of many countries and how crypto traders rejected it and introduced the cryptocurrency system, which is rapidly spreading all over the world.
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