Is Cryptocurrency Real Money?
byCryptocurrency has been a topic of conversation and debate among financial experts and enthusiasts alike. Some argue that it is the future of money, while others view it as nothing more than a speculative investment. But one question that often arises is whether or not cryptocurrency is real money. To answer this question, we first need to define what we mean by “real money.” Traditionally, money has been defined as a medium of exchange, a unit of account, and a store of value. Let’s explore each of these characteristics and how they apply to cryptocurrency. Medium of Exchange A medium…