Paper money and cryptocurrency have far more in common than most people realize. Both mediums of exchange are financial technologies invented to increase the supply of money available to average people.

Specifically, both paper money and cryptocurrency were created to form the basis of new economic systems. Paper money was devised as a means of exchange for the old paper economy. Cryptocurrency was invented as money for the new digital economy.

The history of paper money reveals that cryptocurrency or digital currency will be a far more disruptive innovation than is commonly believed. Paper money was one of the key technologies on which the modern world was built. Cryptocurrency has the potential to be just as disruptive and innovative.