Change my mind ;)
We all know crypto is short for cryptography.
A currency can only exist by decree, in a commercial Babylonian jurisdiction. Currency is not money, it lacks substance, or, economically speaking, it lacks the store of value function.
So the correct term is cryptomoney.
Have a nice day :)
https://postimg.cc/Tpz2dC2Q
-- https://en.m.wikipedia.org/wiki/Currency
Not sure where you're getting
from
I'm getting it from law.
Banknote = private company promissory note, a promise to pay. Can be currency. A coin as a standardized piece of precious metal, is money. A standardized piece of non precious metal is currency.
I can link some resources if necessary wikipedia is a shitcoin ;)
You nail it!
That is referring to a currency as legal tender... and that is another story.
that is a a key point... "nation state".
That's the more general definition and also just the most common example. This might be the source of our disagreement.
Gold was a currency, sea shells were a currency. Currency used to have nothing do with "legal tender" or "by decree" or "nation states".
no. Those were money, medium of exchange. Is something different.
The "what is money" podcast is explaining very well this.