In the age of Web3, the concept of money is undergoing fundamental changes. This article discusses five new perspectives on money that impact its function and meaning in a rapidly changing world.
Money as Networked Belief
Money is no longer issued by governments but created through consensus. Bitcoin represents trust in limited supply and decentralization, while Ethereum shows faith in programmable agreements. Even memecoins demonstrate that stories and community engagement can generate market value without practical utility.
Money as Infrastructure
In Web3, money serves as a tool to build ecosystems, coordinate communities, and motivate action. Tokens fund development, and DAOs direct capital toward common goals. Money becomes a means, not an end game.
The Psychology of Money
Crypto's volatility reveals that value is not fixed; it is constructed. This instability requires humility, as quick profits can lead to later costs. Furthermore, programmable money allows us to embed values into code, creating moral money that reflects shared principles.
In the Web3 era, money is not just what you possess, but what you help create. It reflects collective belief and the potential to embody the values we care about.
