Why Bitcoin is the Purest Form of Money to Date. A History of Money.

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We all use <a href="https://hackernoon.com/tagged/money" target="_blank">money</a> and spend significant portions of our lives working for it, but what is it? Money in its simplest form is a medium of exchange, unit of account, and store of value. Money developed as a result of the difficulties and inefficiencies of tracking debts. For example, if a hunter made a large catch 25,000 years ago, they may have wanted to share the spoils with their community in return for future favours. However, before money came into existence this was a difficult proposition; the hunter would have to keep track of exactly how much meat they gave away and to which people they gave it to. Because there was no shared ledger, every person was responsible for keeping track of their own debts.