THE EVOLUTION OF MONEY AND AFCASH CRYPTOCURRENCY

AFRICUNIA Ecosystem
2 min readOct 12, 2018

There are 3 types of currencies:

1. Fiat Currency: This is the name given to all notes and coins issued and backed by the government which is used as a medium for settling transactions.

2. Commodity [Currency]: This is mostly mineral resources such as gold, silver, diamond etc, which can be used as a store of value and exchange of goods and services.

3. Crypto Currency: This is the third type of currency of the people, created by the people for the people. In simple terms, crypto currency is a type of digital currency created by ordinary people and accepted by ordinary people as a means of payment and not controlled by any government or bank.

Bitcoin is the first crypto currency that was created in the wake of the 2008 Global Economic Meltdown by a man or group of people known as Satoshi Nakamoto.

In 2017 a new crypto currency called AFCASH, powered by AFRICUNIA BANK, was created. AFRICUNIA BANK is a Decentralized Digital Bank. And AFCASH aims to become new generation of coin in the crypto world.

AFCASH total supply is 1 billion and the current price is $1 USD. AFRICUNIA BANK started ICO at the end of 2017 with the price of $0.1 USD per token. And after the end of ICO in May 31 2018 the value of the coin rose to 1 US dollar just in few months.

AFCASH is a utility token. And with utility of AFCASH, growing global population, increasing awareness, acceptance and demand, the value of AFCASH will only go One Direction -> up.

More importantly, anybody can participate in this global money business.

You must not have millions to partipate in this business of earning cash.

http://africunia.com

http://t.me/africunia

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AFRICUNIA Ecosystem

“AFCASH” is the First Indigenous African Cryptocurrency, mined and produced by AFRICUNIA BANK. Visit: www.africunia.org