The emergent property of the value of money

Abstract

The present research makes a tour on the determination of the value of money, which leads us to understand that information or data is a component that defines the value of money. Since the value of cash is not in the physical qualities of the currency or monetary unit, but in the information.

The research methodology has been qualitative, with documentary analysis and interpretation.   

Which leads us, in the understanding that the monetary system would be a complex system, to understand that the interactions produced by the coordinations (financial or monetary laws) on the components (persons, financial institutions, entities) generate alterations and indeterminations in the monetary ecosystem.

That, at the same time, due to the succession of new interactions of monetary order, certain conditions of self-organization will develop, which will lead to new equilibriums of the monetary and cash system. Where will emerge as an emergent property of those self-organizations, certain characteristics modified and adapted in the form of money. That, passing from the metallic to the paper, as then to the cash card, will show us how it would adjust to the virtual or digital money.

Concluding with evidence of digital money that the value of money would be in the information or data and not so much in the peculiarity of physical money.