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To be considered 'money', it must be a unit of account, a store of value, and a medium of exchange. Credit cards are not a unit of account, nor are cellular te
by chopsueyar 16y ago
To be considered 'money', it must be a unit of account, a store of value, and a medium of exchange.
Credit cards are not a unit of account, nor are cellular telephones, nor is the Android OS.
Credit cards are not a store of value. Cellular telephones may be. I have seen old brick phones on eBay sell for a premium in mint condition.
Oh wait...
http://en.wikipedia.org/wiki/Medium_of_exchange http://en.wikipedia.org/wiki/Medium_of_exchange
http://en.wikipedia.org/wiki/Store_of_value http://en.wikipedia.org/wiki/Store_of_value
http://en.wikipedia.org/wiki/Unit_of_account http://en.wikipedia.org/wiki/Unit_of_account