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To: PGR88

Currency is:
a) fungible
b) transportable
c) a reliable store of value
and
d) a generally accepted medium of exchange

Crypto only really meets 2 of those criteria.


12 posted on 11/16/2022 9:54:48 AM PST by Boogieman
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To: Boogieman

You have defined money, “currency” is merely one tangible form of money

Regarding money - why does crypto not meet the standards you define?

Bitcoin / Crypto does all those things - particularly in countries where the government has utterly destroyed trust in “the currency”


21 posted on 11/16/2022 10:02:00 AM PST by PGR88
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To: Boogieman

e.) easily & cheaply divisible into units of economic utility


29 posted on 11/16/2022 12:58:06 PM PST by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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