"What is money" ? and "What does money do" ?

In the recent past 'money' has been defined as FIAT currency.

This is a 'system' owned and controlled by a few 'bankers'.

• But what is 'money'?
  To me it is a 'token of exchange' a bartering tool

• What does 'money' do" ?
  It is an 'intermediate' substance that can be used as an exchange of goods or services
  both domestically and globally.

• So what is crypto?
  In a digital world, the only difference between Crypto and Non-Crypto (fiat) "digital money" is the ownership of the systems.

• In a FIAT system the 'money' is used as a form of control of the 'population'

• In the Crypto system the playing field is levelled, the 'population' can all be owners.

It is this 'loss of control' that threatens the heart of the FIAT system and those who 'own' it.

I think US FED (a private company) & the ECB will continue to run the printing presses flat out to try & stay on top their 'inflationary' currency model. But when one FIAT falls the whole shooting match will crumble.....

End of roman empire style

.

• So a remaining question is when? A tricky one but I my gut tells me soon, very soon.

• The POTUS is just a bishop/castle/knight in this BIG chess game. ie limited moves available to him.

• It's a bigger game that is in play. The Global bankers plans are falling apart IMHO, and they are scrambling to control / contain things but like any house of cards, it does not take a lot to see the whole structure crumble

• One concern is the close connection of SBD to US$......at some point moving 'assets' to other cryptos may be wise, but all others are also tied to US$ as well.

• In fact almost the whole world is 'pegged' to the US$

So my thinking on "what is money"? and "what does it do"?

• It is a form of bartering token, an intermediary between goods and consumer.

• The only thing required is 'value',

• BTC is a string of 1's & 0's with nothing more than assumed or "false value" assigned to it
  ie nothing of any real 'value' (other than FIAT) & "trending desirability" to back it

• Hence it is my belief an ICO that launches a "gold backed digital coin" will be the 'winner'

• It will have 5000 years of 'value' backing it.

• It could be exchanged for some thing 'real' , visible and substantial.

Time will tell.
A crumbling system does not happen over night, but it does not take years either.