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IJSTR >> Volume 9 - Issue 12, December 2020 Edition



International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616



Transformation Of Money Based On Historical Studies

[Full Text]

 

AUTHOR(S)

Budi Sasongko, Suryaning Bawono

 

KEYWORDS

Money, Finance, History, Transformation Of Money, Barter, Bitcoin, Fiat Money.

 

ABSTRACT

The purpose of this paper is to investigate and map the transformation of money based on historical studies. Based on historical literature, humans have long known money. From goods money, coins and banknotes. Trading needs dominated the needs of money in the past. In this paper, we try to examine the transformation of money based on historical studies of money and technological developments using content analysis. We collected historical literature to map the transformation of money and shifts in the value of money following the historical development of human technology. We find that the transformation of money occurs due to technological developments and the human need for money.

 

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