Billionaire Investor Ray Dalio Warns Inflation Is Driving Down Real Wealth


How Crypto Becomes Money

Such volatile moves, they will argue, make it impossible for cryptocurrencies to serve what traditional economics describes as the three functions of money: i) a medium of exchange, ii) a store of value, and iii) a unit of account. Already, central banks in Singapore and the United Arab Emirates are exploring interoperability solutions for their central bank digital currency that would do just that.

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