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Infographic: What the Future Holds for Money
Visual Capitalist published an infographic illustrating the history, present, and future of money.
Visual Capitalist published an infographic illustrating the history, present, and future of money.
According to Visual Capitalist, the infographic:
makes the distinction between the different types of networks that encompass currency and trade. Centralized networks are where nodes connect through dense centres that support the connected few, such as governments and banks. Decentralized networks are where nodes connect in clusters under no centralized authority. These networks favour the selective individual and give rise to things such as stock markets. Lastly, there is the distinction of distributed networks, where network nodes connect independently. This is what has enabled bitcoin and cryptocurrencies, where the whole of the network is reinforced and supported.
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