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Money - A Hindrance to the Evolution?

Abstract     Money has become an indispensable part of humanity for at least a few millennia in some form or the other. The concept of money has evolved through the ages from barter to bitcoins. However, compared to the age and the expanse of the universe this time is nothing more than a blink of an eye. Therefore, one must think about the position the money has taken in the development of our civilization. Today, all the technological developments like medicines, space exploration and newer sources of energy are held hostage to the mighty dollar. This raises a serious question, is money really a motivating factor or it is holding back any meaningful technological evolution? Has the concept of money become outdated? In this article we will explore how money has played a role of the motivating factor for technological evolution and how it has become the glass ceiling too tough to break.    I. Introduction - A Brief History of Money   Concept of money predates the...