Cryptocurrency Q&A
What is bitcoin do economists consider it money?
What is bitcoin do economists consider it money?
Federico
Tue Nov 26 2024
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7 answers
1646
I've heard about Bitcoin and I'm wondering what economists think about it. Is it considered as real money by economists? I want to understand the economic perspective on Bitcoin.
7 answers
GyeongjuGlory
Thu Nov 28 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of Bitcoin and other cryptocurrency users. These services include spot trading, futures trading, and wallet solutions, among others.
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Tommaso
Thu Nov 28 2024
Economists have traditionally defined money as fulfilling three key roles: a store of value, a medium of exchange, and a unit of account.
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CryptoProphet
Thu Nov 28 2024
When assessing Bitcoin's viability as money, it is crucial to consider how well it meets these criteria.
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WhisperWindLight
Thu Nov 28 2024
Bitcoin was conceptualized by its anonymous creator, Satoshi Nakamoto, with the intention of serving as a digital currency.
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CryptoDynasty
Thu Nov 28 2024
Many argue that while Bitcoin has shown potential as a store of value due to its limited supply and increasing demand, it falls short in other areas.
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