Portal 1: The Money Time Machine

Why Your Piggy Bank is Shrinking (And Why We Need a New One) What is Money? Money is simply something people agree has value and can be used to exchange goods and services. How Money Evolved Barter System (Trading goods) Sea Shells Gold & Silver Paper Money Digital Payments Cryptocurrency The Problem Governments and banks can print more money over time. When more money enters circulation, prices often rise. This is called Inflation. Example: A loaf of bread that cost $1 years ago may cost $3 today. Why Crypto Matters Cryptocurrencies were created to provide an alternative system where supply rules are transparent and cannot be changed easily. Action: Compare how far $99 could go in 1990 versus today.