Description: What is money? Does money stopped work? Dollar? Bitcoin? Gold? Here is core based on function of money which evaluates in simple way how different money candidates stands in time.
bitcoin (7336) gold (5244) money (4149) index (3537) value (1319) evaluation (870) dollar (361) inflation (194) money definition (1) money function (1)
1. Medium of exchange When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.
Money must be able to be reliably saved, stored, and retrieve. The value of the money must also remain stable over time.
You can easy count in that. Money acts as a standard measure.It is necessary for developing efficient accounting systems.