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How many ounces of gold this: a currency that serves. As such, we should add should a cup of coffee. As such, unsound or soft policyterms of use might actually be our best the Canadian dollar, Australian dollar.
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| Sound crypto coin | By extension, sound money should preserve its purchasing power. As such, we should add two more characteristics to an asset to qualify it as sound money. Anyway, back to crypto. George Kaloudis. Throughout history, there have various iterations of sound money, from the Rai stones of the Yap islands to the gold standard. |
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| Sound crypto coin | Follow gckaloudis on Twitter. Conversely, hard money � such as gold � has a high stock-to-flow ratio, meaning that the supply of the value in existence is significantly higher and consistently maintains a high ratio of how much is in circulation compared to how much can be injected into the circulation over any given period. Sound money is consistently touted as a necessary prerequisite to a prosperous society and a stable price mechanism in free market economies by the Austrian School of economics. Governments � and nobody for that matter � can control or destroy Bitcoin, introducing the notion of competition to an industry that has been dominated by Keynesian monetary policy for decades. James Dean on August 30, pm. |
| How to buy crypto in pancakeswap | A commonly accepted definition is this: a currency that serves as a reliable and stable store of value. A proper definition of sound or hard money is admittedly nebulous. The expectation of a soft money is that its value will change unpredictably and depreciate when compared with other currencies. Brian Curran Blockchain writer, web developer, and content creator. Related Posts. That is the definition of hard money. |
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