Fiat currencies provide a measure of value. Essential functions of exchanges should include:

·         Anti-counterfeiting

·         Divisibility

·         High Market Value

·         Exchanges that are easily recognizable

·         Competitive cost of preservation

·         Constant utility

·         Ease of access

·         Maintaining the value of assets

Mediums of exchange must have stable purchasing power. The most recent exchange is “electronic money”. It’s a preferable because it’s difficult or impossible to counterfeit unless the entire system is compromised. What mediums of exchange do you prefer? I look forward to your thoughts. ~Moderator Mel