Introduction
If money grew on trees, would everyone want a tree? Probably. What if it was Monopoly money? Probably not. However, if the local bakery, barbershop, or movie theatre started accepting Monopoly money, it would definitely be more enticing. Circles is an application and new money system that offers its own version of Monopoly money. It cannot be exchanged for any fiat currencies like Euros or US Dollars, but it can be transacted with in real life as long as both parties agree to it… similar to fiat money. And thanks to smart contracts and blockchain technology, Circles users […]
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