To most traditional economists, money is a combination of three core characteristics: a medium of exchange, a store of wealth, and a unit of account. Proponents of Bitcoin have argued for a long time that their favorite orange coin fits this bill. The cryptocurrency can be easily transferred digitally at relatively low cost, BTC has […]
To read the rest of this article, join CryptoSlate Edge. Already have an account? Sign In.
Join CryptoSlate Edge for in-depth market analysis and original crypto insights
Sign up for CryptoSlate Edge for thoughtful market analysis, exclusive takes and compelling crypto insights at a price that everyone can afford. These articles will not be published anywhere else. You can cancel at any time.
In-depth market analysis
We curate what the thought leaders are saying about the crypto market.
Original industry insights
Gain an analytical edge from our world-class team of researchers.
No more advertisements
We hide all advertisements from CryptoSlate Edge subscribers.
Support balanced journalism
We are guided by a strict editorial policy that emphasizes objectivity.
Join CryptoSlate Edge |$9.99/month
or pay annually and save 20%
Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.