97. Payments World — super compressed

These two pyramids were built by two civilizations which were continents apart and without any contact with each other. How?

Maybe ancient aliens or ‘Atlantians’ taught them!

Or a simple explanation is that layering stones is the easiest way to build a tall building.

Not just Pyramids, throughout the history of the human race, many inventions happened in different parts of the world by people who are not connected.

Examples: Agriculture, fire, wheel.

And of course, the money (the concept of ‘money’)

Money was created many times in many places. Its development required no technological breakthroughs — it was purely a mental revolution. It involved the creation of a new inter-subjective reality that exists solely in people’s shared imagination. — Yuval Noah Harari

Then Money as a concept evolved… from barter to gold/silver to coins to notes. While the ‘money’ was being shaped/perceived differently by different countries/cultures, we came up with ‘digital money’ along with financial institutes, payment instruments, and payment infrastructure to move that digital money from point A to point B.

Today we have hundreds and thousands of payment instruments that come in various shapes and forms. Let’s look at a…