Money is something that most of us take for granted, as we use it daily to buy goods and services. We constantly transact in money, think in money and strive to earn more of it. However, few genuinely ...
A fundamental question has recently been on my mind: What is money? While this might seem straightforward, especially to those in traditional finance, unpacking it reveals deeper questions about money ...
Such volatile moves, they will argue, make it impossible for cryptocurrencies to serve what traditional economics describes as the three functions of money: i) a medium of exchange, ii) a store of ...