Medium of exchange
A medium of exchange is something people commonly accept in trade, reducing the need for direct barter.
Why it matters
A medium of exchange is something people commonly accept in trade, reducing the need for direct barter.
Key ideas
- A medium of exchange is something people commonly accept in trade, reducing the need for direct barter.
- This topic belongs to California Bitcoin’s money knowledge layer.
- Use primary and technical sources where possible, and distinguish protocol facts from market narratives.
Primary and technical sources
Bitcoin Developer DocumentationBitcoin.orgBitcoin: A Peer-to-Peer Electronic Cash SystemSatoshi Nakamoto