Now, it's time to ask ourselves this question—Is blockchain the next logical step in monetary evolution?
"There are 3 eras of currency—commodity based, politically based, and now, math based."
- Chris Dixon
The preceding quote shows how the concept of money has evolved over the years.
Throughout all of these stages, we have had an idea of value in our mind, but it has evolved hand in hand with our civilization and technology, from something that you can touch and actually use; to something that you can touch, but cannot use (except for trade); to just an abstract idea. As you can see, the form has changed, but the idea of value has always remained the same, and we represent and communicate the idea of value in terms of money.
This abstraction of value brings us to the next evolutionary step: digital cryptocurrencies...