Jiří Charvát

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Money's primary function as a medium of exchange is what allows economic actors to engage in economic planning and calculation. As economic production moves from the very primitive scale, it becomes harder for individuals to make production, consumption, and trade decisions without having a fixed frame of reference with which to compare the value of different objects to one another. This property, the unit of account, is the third function of
The Bitcoin Standard: The Decentralized Alternative to Central Banking
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