There was a time money never got a chance to see a bank because there was no bank to take it to.
If your grandmother came back from the market with money in her hands,
She had to think about where that money would sleep before she could think about what she would use it for.
She could fold the notes carefully into the corner of her wrapper, put some inside an old tin,
Hide them underneath the mattress, or find a place in the ground where nobody would think to look.
It sounds strange now, but that was simply what keeping money safe looked like.
You worked for it, brought it home, and then had to worry about protecting it from the next person who might want to take it from you.
Eventually, things started changing.
Money found its way into banks, and people no longer had to carry every naira they owned around with them.
You could leave your money somewhere safer, get a passbook, make a deposit, and trust that you would still find it there when you needed it.
But keeping money was only one part of the problem.
Because money is rarely meant to sit still forever.
The woman who sold her goods at the market still had school fees to pay.
Someone at home still needed food.
The electricity bill would still arrive.
A relative could still call from another town and say, โPlease, I need you to send me something.โ
So the question slowly changed from where do I keep my money to how do I get it where it needs to go?
First, you went to the bank.
Then came transfers, and suddenly you could send money without carrying cash across town.
Then mobile banking put the whole thing inside a phone, and something that once required a physical journey could happen while you were sitting on your bed.
And then money changed again.
You could have Bitcoin without holding a single naira note.
You could receive USDT without anyone putting an envelope in your hand.
You could have value sitting inside a crypto wallet while almost every other part of your daily life was still being paid for in naira.
That created a different kind of problem.
If your money is in crypto, but your life is happening in naira, how do you bring the two together?
That was what made me pay attention to
@Monicanigeria .
Monica is a crypto-to-naira off-ramp.
You deposit supported crypto, it gets converted to naira, and you can withdraw that naira to your Nigerian bank account.
And when you think about it, it is interesting how far the story has travelled.
A woman who once had to decide whether her market money was safer inside her wrapper or under her mattress
Now has a world where money can move from a crypto wallet to a Nigerian bank account through a phone.
The technology has changed the process, but the reason behind the process is still something we understand very well:
We earn money because there are things we need to do with it, and when the moment comes, we want to be able to use it.
Maybe that is why the idea of The Money Story caught my attention.
Because this is bigger than one app or one way of moving money.
It is a story that keeps changing as the world around us changes,
And now Blockfest Africa and Monica are giving creators 30 days to tell their own version of it,
With a total prize pool of โฆ5,000,000 across the challenge.
So this is my first chapter.
And I have a feeling the story is only getting more interesting from here.
@Monicanigeria @blockfestafrica
#TheMoneyStory #AreYouSkillful #monicacash