WCP: "From Wampum to Cryptocurrency: A Parable For Our Financial Times"

“Up to our current time, FIAT has been legal tender in America. It has been used as a liquid medium of exchange, and trade has flourished.

The beginning of the end of FIAT came as a result of several contemporary factors impacting the global financial system; The dollar being taken off the gold standard, the financial collapse, inflation and other problems like growing government debt began to the trust in FIAT

The Financial Collapse of 2008-9 precipitated the introduction of the first Blockchain/Cryptocurrency – Bitcoin.