What Are The Functions Of A Currency?

In this video we’re going to discuss the actual function of currencies, so by the end you’ll be fully aware of what function that piece of paper in your wallet or purse holds. You need to be aware of the functions of currencies, because Bitcoin is considered a currency, albeit a cryptocurrency.

So money as we know it today is constructed of three key purposes, lets refer to them as functions. So the three functions money serves is as one a medium of exchange, two a store of value, and three a unit of account. Let me go into each with more detail now so you understand it fully. If you want to know more about this, Click here


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