Rise of cryptocurrencies like bitcoin begs question: what is money? – ValueWalk Premium
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Rise of cryptocurrencies like bitcoin begs question: what is money?

Rise of cryptocurrencies like bitcoin begs question: what is money?
David Koepsell, University at Buffalo, The State University of New York

When you begin to delve into the question of what money really is, you must be prepared for some metaphysics. Money, currencies and other such media of exchange differ markedly in their backgrounds and means of operation, and have changed quite recently into forms that are barely understandable.

For centuries,

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