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Showing results for tags 'mean of exchange'.
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Before someone hit the BAN button, consider this: I was in a meetup about basic income and crypto currencies that follow that path, and we got to a very interesting point. Money has three caracteristics: 1- It is a store of value against time 2- It is a counting system 3- It is a mean of exchange. So, Bitcoin, a bit like gold, is a great store of value (1), but it is poor in the points 2 and 3 (for several reasons, some do not have to do with bitcoin itself but to its acceptance in the market as money). Euros and dollars try to tackle all the three, but side effec
