The simplest definition of money is a medium of exchange that we use to eliminate the problems associated with bartering. As an economy grows, money develops into a unit of account, where all goods and services can be valued, and markets can efficiently direct resources towards their highest use.
Of Money and Crypto
Of Money and Crypto
Of Money and Crypto
The simplest definition of money is a medium of exchange that we use to eliminate the problems associated with bartering. As an economy grows, money develops into a unit of account, where all goods and services can be valued, and markets can efficiently direct resources towards their highest use.