Decentralization of the monetary structure as the path to reach the full potential of currency
marcelosilva.substack.com
In the last decades, the succession of financial crisis of global reach has generated a series of concerns about the treatment given to the currency by the different forms of monetary authority. In the strict sense, money is defined by its liberating power (to equivalent obligations) and forced acceptance. From a legal perspective, the currency is issued by the monetary authority of each country, which concentrates the responsibility for building the balance between supply and demand.
Decentralization of the monetary structure as the path to reach the full potential of currency
Decentralization of the monetary structure as…
Decentralization of the monetary structure as the path to reach the full potential of currency
In the last decades, the succession of financial crisis of global reach has generated a series of concerns about the treatment given to the currency by the different forms of monetary authority. In the strict sense, money is defined by its liberating power (to equivalent obligations) and forced acceptance. From a legal perspective, the currency is issued by the monetary authority of each country, which concentrates the responsibility for building the balance between supply and demand.