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Bit-By-Bit CryptoAuthor: Priyaj Mehta
Bit-By-Crypto, founded in May 2021, with an aim to be the single most trusted news source in the subject of Cryptocurrency and Blockchain. Get the latest updates about the Crypto Market and learn how to make money with Crypto. Come be part of our community which we call the BYB Squad. Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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#002 What is Money💸? How Yapanese people used Rai Stones as money?
Sunday, 13 June, 2021
Hey guys welcome to Bit-By-Crypto today we gonna talk about what is money? I know you guys might think who does not know about money but this will be great learning for you and we will even talk about the concept of Rai Stones. Functions of money Function #1: Medium of exchange Function #2: Unit of account Function #3: Store of value Function #4: Standard of deferred payment Properties of money The 6 properties of money are Durability Portability Divisibility Uniformity Limited supply Acceptability How Yapanese People used Rai Stones as Money?