News about Medium Of Exchange

More / Bitcoin Reddit - 7 months ago

Store of Value VS medium of exchange

I had many discussions regarding the role of bitcoin in the economy and what the characteristics of bitcoin are more suitable for. Here are my current views: 1. Bitcoin is hard money, which makes it less likely for someone to spend if he has less har...

More / Bitcoin Reddit - 1 year ago

Bitcoin - A new medium of exchange

The history of mankind is the history of money loosing value - Milton Friedman Why is this the case? Shouldn't the money we use today be the best form of money to have evolved over time? Here are some thoughts on money's history from a biolog...