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BUT, governments didn’t actually print likely money in circulation today or what is known as “the money supply”. No, money isn’t even really paper money and metal coins ever again what is bitcoin . Money, today, largely exists only in digital form as electrical or magnetic charges on laptop or computer systems.
Throughout the developing world, gold is probably the most liquid, efficient and widely accepted associated with exchange along with the best store of value – especially in rural areas that lack access to banking answers. Jewelry is coveted on developing world, where it truely does work as both adornment and savings. Individuals often since it is asset a Muslim or Hindu woman is culturally permitted to own, thus may be her only form of protection against financial difficulty. Additionally, the dowry concept is alive and well in India today, where gold is commonly transferred for this family of the bride on the groom.
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