Right.
In the same way, gold is not money, it's a rock.
A dollar is not money, it's paper – or maybe just digital info on a computer.
If we market participants give something value, it can be used as money.
Right.
In the same way, gold is not money, it's a rock.
A dollar is not money, it's paper – or maybe just digital info on a computer.
If we market participants give something value, it can be used as money.