Mises' and Menger’s theories of money provide deep insight, but invariably never attempted to rank the functions of money during its period of establishment. To fill the gap, Fernando Ulrich explains why he believes a Store of Value must arise before a money becomes a Medium of Exchange.Don't forget to clap for the article on Medium and check out the rest of this series:https://medium.com/@Ulrich_98986/why-money-has-value-and-spending-bitcoin-is-senseless-d2390127dc34 Support the show:Looking to Secure your Bitcoin with TREZOR?Shop.Trezor.io Affiliate Link Or Donate To:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5
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