The Profound Difference Between Money and Currency | Future of Money P4
In the fourth entry of the Future of Money series, we dive into the difference between money and currency. Though often used interchangeably, these concepts are distinct.
Why is something considered money whereas others are merely considered currency?
What does it take for something to qualify as money?
What are the characteristics of money?
Why is money chosen by society?
We'll discuss all that and more in today's episode of The Future of Money.
Read more here: https://www.alectorelli.com/the-difference-between-money-and-currency/
For more episodes on the Future of Money, check out the "Start Here" playlist on my YouTube. Subscribe to receive updates when new episodes drop!
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I'm very active on social media, as well as my personal blog, personal YouTube and Conscious Poker YouTube. Follow me and let's connect.
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Personal Blog: www.alectorelli.com
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DISCLAIMER: Everything Alec Torelli says on the CrypTorelli YouTube, his trades, strategies, and news coverage are based on his opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the cryptocurrencies and public and private markets, and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence. You and you alone are responsible for all of the financial risks you take.
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