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>That's not true. A currency is designed to serve as a medium of exchange, a unit of account, and and a store of value. And yet, after all the designing (a pos
by PeterStuer 9y ago
>That's not true. A currency is designed to serve as a medium of exchange, a unit of account, and and a store of value.
And yet, after all the designing (a post factum attribution more likely), they're still just numbers on ledgers.
- geezerjay 9y ago> And yet, after all the designing (a post factum attribution more likely), they're still just numbers on ledgers. No, they really are not, and that's a very ignorant thing to say. Mere numbers on a ledger don't have central banks dedicated to implement economic policies to actively stabilise their value nor do they get accepted by state institutions as official and in some cases exclusive form of payment.