This is a special post for quick takes by Michał Terpiłowski. Only they can create top-level comments. Comments here also appear on the Quick Takes page and All Posts page.
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Hi there!

I would like to share with you my insights into what I think money does represent.

My thesis is that other than the obvious function of giving us here and now the sense of security or by inflating our ego by having it, it's functionality in the present is quite limited.

What I mean by that is: -I can check the balance account on my computer. In this scenario it's function is to "turn on specific pixels on the monitor".

  • If I was extremely rich I could build something from a physical pile of it.
  • I can also manipulate the banknote by putting it in my wallet or by paying with it.

And it is this activity, the payment, which triggers the true function of money which is the representation of future possibilities.

In other words money become a manifestation of future possibilities in a form of present only when we transfer it and receive something in return.

What is even more interesting is that this function lies deeper than the psychological function mentioned before: If money didn't represent future possibilities we wouldn't feel safe by having it, money wouldn't have much of influence on our ego, other than maybe giving us joy of building a castle from pile of it.

I found this insight interesting hence decided to post it here and as always I'm interested in your thoughts on it.

Cheers!

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