If you acknowledge that money is simply a language to communicate value, you quickly realise that bitcoin stacks up well, argues Nick Tomaino.
SAN FRANCISCO, United States — Money is generally misunderstood, which contributes to the confusion about bitcoin as a digital currency. If you acknowledge that money is simply a language to communicate value and you evaluate bitcoin objectively on the six important characteristics of money that are taught in a basic economics course, you quickly realise that bitcoin stacks up well against any form of money that has ever existed.
The Six Characteristics of Money
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