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Friday, November 26, 2021

Protocols of Money: A Primer on the History and Evolution of Money

 Protocols of Money: A Primer on the History and Evolution of Money, Shiv Mehta, ChapterOne.ai, 2021

 

This book is all about money (everyone's favorite subject). It does not discuss how to make money, but it talks about the history and concept of money. It looks at how money has changed, from the barter system, to gold, to coins, and then to paper money. After that, there was plastic money, and now, there is cryptocurrency.

The author attempts to answer many common financial questions. What is a financial market? How do banks trade currencies? What are bonds? The author also looks at some recent financial history, including the causes of the Great Depression and the Great Recession. The spends a lot of time explaining cryptocurrency.

This book doesn't get into investing, but, for anyone considering it, reading this book is a very good idea. It may take some patience on the part of the reader, but it is full of information, and does a good job explaining the world of money.

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