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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 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 ...
Your SoV obsession misses the mark—badly. 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 ...
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