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3min chapter
Bitcoin and the U.S. Fiscal Reckoning with Avik Roy (WiM126)
The "What is Money?" Show
How to Predict Growth and Supply of Bitcoin and for Gold
In order to be money, it must be a store of value, two, a medium exchange, three, a unit of account. And if it's not all three of those things at once, it's not money. Different types of money are are t different points in the spectrum of those three characteristics. The real test of money is how it's used across those three dimensions. Certain types of money may be more useful for some versus others.
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