what is money
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1,111,111 TRP = 11,111 USD
1,111,111 TRP = 11,111 USD
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Money is anything of value, which can be used to obtain anything of cost, in the case where both things or services in the term of worth and quality are the same, or regarded as equal, and agreed upon.
So in a more simple term, in my own English language understanding. Money is anything you can use to buy anything.
Nowadays we have money in various forms, from;
– paper money, which are known today as fiats. $USD
– online money, which are commonly known as digital currencies. or crypto. $BTC
– liquid money, which is fast becoming known as bainoil. $TRP
1 unit of the various form of money above is equivalent to another, at a specific amount based on basic mathematic calculations laws and protocols, and sometimes on each unique’s current exchange rates to another.