A brief history of the evolution of value exchange from physical goods to digital ledgers.
# The Evolution of MoneyThe transition from 'Commodity Money' to 'Fiat Money' to 'Decentralized Money'.## Stages1. **Barter**: Direct exchange of goods.2. **Specie**: Gold and silver coins.3. **Fiat**: Government-backed paper.4. **Blockchain**: Distributed ledgers and algorithmic trust.
Researcher Note:
Cross-reference with Financial Literacy (Vol IV).
Cross-reference with Financial Literacy (Vol IV).