Money is one of two things, an item or a verified record that people trust, creating the two basic forms of money, government money, dollars and coins, and private money, credit or debit cards, checks, and even cryptocurrency. While cryptocurrency is not an investment, it is said to be a Utopian dream where the money is not subject to inflation, easy to store, easy to access, and completely anonymous. Monmouth College Business and Economics Professor Michael Connell says for cryptocurrency to work, it has to serve three functions as money does in society:
Cryptocurrency was created thirteen years ago. To hear more from Professor Connell and the future of utilizing cryptocurrency, listen below:
