Recognized as a Currency

What is the basic need for a form, project, or anything else to be recognized as a Currency?

The answer is actually a simple agreement to be recognized.

Being recognized seems so fairly easy indeed, but if realized to reality is a difficult thing to be able to be accepted absolutely. It takes a long journey of time, learning, and proof to convince. Currency is one of the valuable things that is now created from a variety of things, from formations that have physical to those that are invisible or not physical.

However, if agreement can be obtained, it will be easy to recognize the existence of this form of currency for use.

Gold, Silver, Bronze, and Paper have been part of the physical forms of currency. Until finally technological advances add to the list of such forms such as plastic, to language programs. All of them are recognized by agreement conditions so that they can have an exchange value and guarantees that can guarantee that the formation can be used legally and properly.

Crypto was born in a different form, not new actually when viewed from a form that has no physical form. But it brings changes in the form of freedom from one centered point to an uncentered point. Long differences from program languages, systems and procedures are narrowed down to the value of centralization and decentralization.

Unilaterally recognized currencies do have good security conditions compared to crypto. But in terms of the word freedom and control is the starting point of crypto. Crypto fights centralized practices, manipulation and control by individuals or a group. Unfortunately, along the way plus its volatility, crypto faced polemics that were not much different in the end.

The conclusion ultimately comes back to morality and human nature. Where education, knowledge, and the importance of the noble value of a belief or religion are the final limits to see how currency can be recognized, run and in accordance with expectations. Because the conditions of greed, greed, fear and also power are the main factors of how a form of currency becomes worthless and cannot be recognized in the end.

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