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Tagcrypto-currencies
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Leia
2018-09-27 14:00

Fact or Fiction?

Cryptocurrencies such a Bitcoin are currencies just like any other?

All the best, Leia

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Leia
2018-09-27 14:03
#1

Fiction! Economists define a currency as something that can be at once a medium of exchange, a store of value and a unit of account.

Lack of adoption and loads of volatility mean that cryptocurrencies satisfy none of those criteria.

All the best, Leia

Host of  Gluten-Free Living | News  | English Language Heart

jordan
2018-09-27 14:22
#2

Yay I got it right!

Niklas
2018-09-27 16:14
#3

I think there are many national currencies that wouldn’t pass those criteria either. :-)


Best regards, Niklas 🎈

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