Sumit Bilash Joshi
「交換価値」という言葉はよく耳にしたことがあると思うが、この記事は「交換価値」と微妙に違って、「価値交換」について書いている。交換価値というのは商品の価値を何かで図れるに対して、価値交換というのは「価値」そのものの「交換」のことだ。その「価値」の交換に使われるのは交換価値のある手段だ。イギリスの経済学者、Adam Smithによると、商品の価値は2つあると言う。1つはある特定物の効用を表す使用価値であり、もう1つは交換価値であって、経済学の対象は後者だ。この記事は前者の方の商品の価値の交換についてだ。微妙な違いのラインはあるが、もちろん、交換価値の内容も含めている。
Human civilization has come a long way to be well-organized and operate seamlessly in the society. One of the most challenging problem for humans, was to exchange the value with one another. People bartered before they began using money which was inconvenient to do. Money is a concept which made them easy to trade their products and services. Money is one of the most advanced tools engineered by humans to carry out value exchange for thousands of years. The oldest known coin minting site was in China which began using coins around 640 BC. Since then, humans have been constantly improving and changing the shape and system of money. The new form of digital money is being built and accepted as the new form of money for value exchange as you’re reading this.
Japan is planning to issue newly printed 1000, 5000 and 10000 yen paper notes in the first half of 2024. Why would the country print their newer version of paper notes often? They do this roughly every 2 decades for various reasons one of which they claim, is to prevent counterfeiting. World is moving faster towards issuance of the digital currency yet Japan is printing new bills. This is because most of the Japanese still prefer to use and save in paper currency. But the young generation use credit cards, QR payment system and online banking. The timing for the renewal of paper money this time does not seem to be thought of well by the government. Anyway, it does not seem straightforward.
日本は2024年上半期に1000円、5000円と10000円札の新紙幣を発行する予定となっている。なぜ国は頻繁に紙幣を交換するのだろうか？ 約20年ごとに行われているこの交換に様々な理由がある。その内の一つが偽造を防ぐためだとされている。世界はデジタル通貨の発行に向かって急速に進んでいるが、日本は新しい紙幣を印刷しようとしている。これは、日本人の多くがいまだに紙幣を使用して貯蓄することを好むからだ。しかし、若い世代はクレジットカード決済、QR決済システムやオンライン・バンキング/ネット・バンキングを利用するようになってきている。今回の紙幣の刷新のタイミングは、一見政府も十分に考慮されてないように思えるが、とにかく一筋縄ではない感じが漂っている。
Have you ever thought of what money is? I have been searching for answer to this question and going through this rabbit hole to find about Money for some time. Its very hard to conclude what exactly it is. But one certainty is almost everybody seems to go after it. Some do it for living, some for power, some for buying stuff, some to help other people, some for status, some to impress others, and many more. Most sacrifice their finite time for money, some even prioritize it over relationships. But its really hard to know what Money actually is. Very few use it as a tool of freedom which is what I found very interesting among its various use cases. Our civilization has come a long way and there was always this tool we call money and every era had few people who used it as a tool and most of the rest lived to get it for above mentioned various purposes.
“The hardest thing in the world to understand is the income tax.” – Albert Einstein
If Einstein couldn’t understand it, we sure will never get it. Right? Its ludicrous to say the least. Lets dive into the monetary history and taxation. This book is written by Dominic Frisby, a British author and voice actor. It is a comprehensive exploration of the flaws within the modern monetary system and an examination of alternative financial paths for a fairer future. There are historical examples of peculiar taxes that have been imposed in various countries on several durations. You might even question the current rationale of certain taxation practices and its fairness after going through the book.
This book is written by the author of The Bitcoin Standard, Saifedean Ammous, an internationally best-selling economist and author. He gives lots of thought provoking ideas and examples with data how human civilization has been moving forward with money which is the most important tool of our civilization. Its a University level textbook offering a comprehensive, engaging and easy to read overview of the field of economics.
This book explores the evolution and functioning of money throughout history and around the globe. Author writes about the concept of layered money, which refers to the different forms and levels of money that exist in modern economies. Basically, this provides an intuitive model view of the history, evolution, current state and future of money. As we know gold has been used for thousands of years but civilization found it hard to divide and carry around so they created various layers of money like IOUs issued by the banks with gold on deposit.
This book is written by Saifedean Ammous. I highly recommend this book to those who are interested in finance and technology. This does not contain all the technical details of Bitcoin but you can grasp its current state and the economic impact it will have on our lives. This book explores the history of money, the flaws of the current financial system, and suggests the potential of Bitcoin as a decentralized alternative to central banking. Bitcoin has the potential and is very much likely to become the new global standard of money, which is free from government control and its inflationary policies.