RE: Why do you need money? What is it that you want?

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Why do you need money? What is it that you want?

in money •  7 years ago 

wow, that is a LOT of articles. I'll take my time, in the mean time, have gone deep into de cryptoworld yet? If you did, doesn't it fit into this view of the world?

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I have not gotten into the cryptoworld. . I am just wrapping my head around "MONEY" and understanding that. I don't think I'm ready for the cryptoworld yet. But this may be a silly question, but what are those currencies even backed by? Are they backed by federal reserve notes or some other medium of exchange? If so isn't it just the same thing as "MONEY?"