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What is a Currency? What is a Country?

  • Writer: Benjamin Detrol
    Benjamin Detrol
  • Nov 11, 2021
  • 2 min read

A currency is an item like a coin or paper money that holds a specific value.

The first know currencies were tulips and sea shells among other things,

in the middle ages we began to see an introduction into coins in the general population as a way of trading goods and services instead of bartering the rise of currencies and taxes had an

important role in creating the world that we see today. Currency allowed governments to tax

there people more and gain more control over the population this had positive and negative effects. Currency today is a complex and evolving tool that has evolved into pay cards crypto and other new forms of money like an NFT Token. But the money most are familiar with is paper money this is the currency that we use at the gas station and in the grocery store and it is the easiest to understand. Where I am from in America we use a currency called the dollar abbreviated as (USD).

Photo assorted group of paper money.


What is a country , Well a country is a geographical region encompassed by an imaginary boundary that covers an area called a territory this is basically what a country is.

Most countries have a currency of there own in America we use the dollar.

If we look at this map we can see their are many different countries to chose from when deciding which currency to trade.


Now each country produces goods and services . Some countries make tires or arms any thing a country produces is a part of its Gross domestic product also know as (GDP).


As of right now Americas dollar continues to dominate money markets as a reserve currency but that is quickly changing more and more new forms of money are entering the market and changing the established order things like crypto.


What it all means is that no one really knows what will happen this is where you come in.

You can play with your money and try to get it to grow. How buy trading foreign currency this market uncertainty is what causes price fluctuation and in turn might earn you money or lose you money .



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