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Economics
Re: Is Bitcoin Money or Currency
by
Freddie Aguiluz
on
06/05/2018, 17:21:23 UTC
Quote from: Jakesy on April 08, 2015, 01:36:33 PM
Money is unreal, meaning imaginary, intangible - a concept.
Currency is NOT money, but merely
represents
money.
Money is the material used as a means of payment and exchange, currency is the value of money that is used in that particular institution