Market Money, Fiat Money,
& Cryptocurrency

Basic Monetary Theory and History

Money - Basic Definitions

Important related definitions:

currency - a medium of exchange, not necessarily having the SoV (store of value) or UoA (unit of account) properties of money

Informally, the word "money" is often used to mean "currency."

commodity money (hard money) - currency which is redeemable by a commodity. Historically, silver and gold have been the main monetary commodities.

The redeemability of money is highly correlated with it being a successful store of value.

Currency Backing Modern Money Timeline The Origin of Money & Its Value How Money is Created in the post Bretton Woods era. PDF Entrepreneurship in Theory & Practice Aleister "Hogeye" Crowley

What Has Government Done to Our Money? Definitive book on the history of money in the US - Murray Rothbard. What is Money? Classic essay by Frederic Bastiat. Worst Ponzi Ever! Don't fall for it! Coin Bureau video.

Cryptocurrency

What is Cryptocurrency? Create Your Own Crypto Currency Specie-backed Cryptocurrencies The Ideal Cryptocurrency	The Satoshi Revolution by Wendy McElroy All about Bitcoin and blockchains. Why the Future Money Is Gold and Silver
The Coming Global Currency Reset

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