money fulfills three basic functions—it serves as medium of exchange, a unit of account, and a store of value. An international currency used among economic agents—that is, persons engaging in ...

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 ...

A critique of Saylor’s store of value obsession and a case for the medium of exchange, and a case for why Bitcoin needs to be ...

The biggest aspect of Bitcoin is the medium of exchange. Even though the fiat system increasingly separates money’s functions, that doesn’t mean it should. I get that saying Bitcoin is a ...