!!! Overview
[{$pagename}] is [Currency] and both are a form of a [Commodity] and can be used as [Medium of exchange] that is [verifiable|Verification]


Some folks imply that [{$pagename}] is a [Store of value] and [Currency] is a [Medium of exchange]. 
\\So if [Alice] takes [{$pagename}] and [exchanges] it with [Bob] then [{$pagename}] is [Currency]


Many modern references list only three functions, that of 
* a [medium of exchange]
* a [Unit of measurement], and 
* a [store of value]. 
[{$pagename}] is Any [Entity] or [verifiable|Verification] record that fulfills these functions.


When [{$pagename}] is used to intermediate the [exchange] of [goods] and [services], it is performing a function as a [medium of exchange] and thereby avoids the inefficiencies of a [barter system|Wikipedia:Barter|target='_blank'].

[{$pagename}]'s most important usage is as a method for comparing the values of dissimilar objects.

!! THE HISTORY OF MONEY

! Start of [Barter]
* 9000 BC - [Humans] grew crops and raised cattle to service. They exchanged these items for other items they needed at the time.
* 2279 BC - The Ancient Babylonians established a form of measurement for money called "shekel.” It was based on the weight of different items and that measurement was used for trading goods like barley to gold.

! [Shell Money|Wikipedia:Shell_money|target='_blank'] TO Coins

* 1300 BC - [Africa], South Asia, [Australia], Oceania and parts of [Europe] used [Shell Money|Wikipedia:Shell_money|target='_blank'].
* 1000 BC - Chinese civilizations used a standardized currency in the shape of miniature replicas of knives and spades. These eventually evolved into round shaped coins with holes in the middle.
* 687 BC - The first ever official currency ever was made in modern day Turkey by King Alyattes of Lydia. It was a coin that featured a roaring lion's head and it was minted out of gold.
* 300 BC - The Roman Empire issued its own currency called Denarius. These coins were minted out of silver and featured symbolic images about the Roman Republic.


! PAPER MONEY
* 118 BC - The Chinese issued the first ever leather banknote, made out of deerskin and painted with bright colors.
* 700 -1000 - A copper shortage during the Tang Dynasty in [China] introduced the first use of paper banknotes.
* [1290|Year 1290] - Marco Polo is credited for introducing the idea of paper money to Europeans after he discovered the Chinese using it.
* [1661|Year 1661] - The first ever European banknotes were printed in Sweden.

! GOLD STANDARD
* [1800|1800s] - The gold standard combined the best aspects of paper money and coins. This allowed banks to create money while backing up its value with precious metals.
* [1879|Year 1879] - The [United States] adopts gold as its official standard of value. Americans were allowed to trade $20.67 for an ounce of gold.
* [1933|Year 1933] - The Great Depression forced the US to abandon the gold standard and the government soon pumped money into the economy to stimulate recovery. Other countries followed suit.

! [CREDIT CARDS|Payment Card] AND [Mobile] [BANKING|Bank]
* [1950|Year 1950] - The Diners' Club releases the first ever credit card. More than 20 restaurants in New York paid for bills without using cash.
* [1967|Year 1967] - England received the world's first ATM.
* [1999|Year 1999] - Mobile banking begins in Europe.

! [Bitcoin] AND [Cryptocurrency]
* [2008|Year 2008] - [Satoshi Nakamoto] posted a paper titled "[Bitcoin]: A Peer to Peer Electronic Cash System." It promised lower transaction fees compared to traditional payment systems. The first Bitcoins were mined by computers performing mathematical equations.
* [2018|Year 2018] - [Bitcoin SV] ([BSV]) was created out of the hard fork of [Bitcoin Cash] (BCH) on November 15. Businesses and developers migrated from [BCH] to Bitcoin SV's ecosystem because it seeks to emulate the proposed original vision of Bitcoin through emphasis on scaling onchain as fast as possible.

! WHAT'S NEXT
It is expected that [blockchain] technology will continue to positively impact change at economic, social and governmental levels. 

Bitcoin SV as designed by Satoshi Nakamoto, is the only blockchain with a stable [protocol] and scaling roadmap to become the world’s new money and global public blockchain for enterprise.



!! More Information
There might be more information for this subject on one of the following:
[{ReferringPagesPlugin before='*' after='\n' }]
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* [#1] - [Medium_of_exchange|Wikipedia:Medium_of_exchange|target='_blank'] - based on information obtained 2014-11-20 
* [#2] - [Barter|Wikipedia:Barter|target='_blank'] - based on information obtained 2019-08-02 
* [#3] - [https://buybsv.com/|https://buybsv.com/|target='_blank'] - based on information obtained 2021-10-16