SYNARKIANS figured out why money is important a while back already ; but just to make it clear, it’s because with it, you can create Wealth!
What the difference one might say? Well you’d know by now if your bank account was empty. You see if you are wealthy, this issue is not a problem, a few phone calls, and you re back in business. Because assets from reputation to cryptocurrencies maybe less obvious or quantifiable but their variability makes them essential to reducing risk when it comes to cashflow. Think of the following statement as a back up wallets.
Everybody knows that money doesn’t grow on trees (even-though it use to, Cacao was a prime example) but few really understand how money is created and even fewer are able to capitalise on that knowledge. Once you understand the (fractional reserve) banking system, might grasp why the scarcity of money is artificial, one would state that bitcoins aren’t or that houses are truly high in demand because of short supply. Yet those are examples of how plentiful the opportunity to create something new, a blockchain a tiny or big house, try something different. Make it a new category like (digital assets) and your good to go. gold is ornamental but it is also a superconductor and a store of value. Not saying that an alternative for gold if the only thing you want is gold. But for each of the categories it falls into you can find many less scarce substitutes if you are creative and knowledgable.
What I want to bring to your attention is the fact that there is no lack of solutions only a lack of perspectives, inspirations, and genius-like individuals to implement them.
Alexander ZAGATO