Economists typically identify money by the extent to which an asset satisfies three functions. First, it needs to be a medium of exchange, meaning that you give it up when you buy goods or services, and you can receive it when you sell goods or services. Second, it needs to be a unit of account, meaning that you…
Mariana Mortágua on why crypto-assets are not money
Mariana Mortágua on why crypto-assets are not money
26 Oct 2026 Leave a comment
in applied price theory, financial economics, history of economic thought, macroeconomics, monetary economics
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