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 ...

A tree is an organism, but also a lumber reserve. After it is felled by a lumberjack, its story as an organism ends. But its story as a lumber reserve goes on, and its story as a house has not yet ...

The film explores the evolution of money from barter systems to modern banking, showcasing a conversation between a new security guard and a maintenance manager at a bank. They discuss the functions ...

New Revised Updated Edition explores how Bitcoin fulfills every core function and property of good money—revealing why it’s ...

Unit of account is the thing that measures the value of goods and services. It’s an essential function for something to be [or become?] money. In simple terms, it is a standard measure of value, a ...

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 ...

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 ...