Chris Kameir is a managing partner at blockchain venture fund Sustany Capital. He analyzes the impact of technology on finance and society. getty The term ‘money’ is often used as a synonym for currency. However, the determination of the former qualification is observably a distinction left entirely to users of the latter. Which is to say that money is a contract between two or more parties. The arrangement solves a central challenge in trade referred to as the coincidence of wants problem, entailing an agreement over one or more units of account and media of exchange.
Council Post: All The Money In The World—The Unbundling Of Fiat Currencies
