Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
ETH isn’t money because people say it is ETH is money because of how it’s used
“ETH isn’t money!” This is an absurd statement. Anything that is used as a store of value or as a currency of exchange is by definition money. The earliest forms of money include: -Shells -Livestock -Beads -Verbal IOU’s And more. Even today for example, cigarettes are…
in case someone wasn't aware of this yet: ETH is money
Ethereum (ETH) has seen a significant increase in its value, up 34.5% year-to-date (YTD), with some users claiming to have doubled its performance, up 69%. This surge in value has sparked discussions among cryptocurrency enthusiasts and investors about the nature and utility of ETH. The conversation has also touched on the fundamental definition of money, with several individuals arguing that ETH qualifies as money due to its use as a store of value and a medium of exchange. This debate draws parallels to historical forms of money, such as shells, livestock, and beads, emphasizing the evolving nature of what constitutes money.
