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Money therefore can be said to be more than a medium of exchange but a store of value. This means that with Sh1000, you can decide to buy shares at the Nairobi Securities Exchange. “You simply ...
For much of its early history, Bitcoin was primarily viewed as a medium of exchange. In fact, the original Bitcoin whitepaper called it a "peer-to-peer electronic cash system," and that's exactly ...
In short, money can be anything that can serve as a • store of value, which means people can save it and use it later—smoothing their purchases over time; • unit of account, that is, provide a common ...
Read more -> How to send and receive crypto. Of course, since most people don't use crypto as a medium of exchange in their daily lives (at least not yet!), it's generally harder to find peer-to-peer ...