The Big Gunt on Nostr: The 3 Functions of Money: 1. Store of value – maintains its value over time. 2. ...
The 3 Functions of Money:
1. Store of value – maintains its value over time.
2. Medium of exchange – is used in indirect exchange for the
purpose of exchanging it again, rather than consuming it.
3. Unit of account – is used as a common unit of measurement
to determine the market value of goods and services.
#bitcoin
Published at
2024-07-30 19:23:26Event JSON
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"content": "The 3 Functions of Money:\n1. Store of value – maintains its value over time.\n2. Medium of exchange – is used in indirect exchange for the\npurpose of exchanging it again, rather than consuming it.\n3. Unit of account – is used as a common unit of measurement\nto determine the market value of goods and services.\n\n#bitcoin",
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