For much of its early history, Bitcoin was primarily viewed as a medium of exchange. In fact, the original Bitcoin whitepaper called it a "peer-to-peer electronic cash system," and that's exactly ...

In short, money can be anything that can serve as a • store of value, which means people can save it and use it later—smoothing their purchases over time; • unit of account, that is, provide a common ...

Money therefore can be said to be more than a medium of exchange but a store of value. This means that with Sh1000, you can decide to buy shares at the Nairobi Securities Exchange. “You simply ...

Bitcoin is both a store of value and to a lesser extent a medium of exchange, fulfilling two of the canonical properties of money. Its value is created by demand from investors who recognize its ...

Cal. Fin. Code § 3201. The DFAL defines "digital financial asset" as "a digital representation of value that is used as a medium of exchange, unit of account, or store of value, and that is not ...

Read more -> How to send and receive crypto. Of course, since most people don't use crypto as a medium of exchange in their daily lives (at least not yet!), it's generally harder to find peer-to-peer ...