Storj Blog

Since Bitcoin made its debut more than nine years ago, economists have continually debated how tokens and cryptocurrencies relate to (and differ from) traditional monetary economics. These economic theories attempt to understand the functions of money as an exchange medium, a store of value, and a unit of account — all of which are regularly debated within the token community. Token economies are critical to healthy, functioning token ecosystems and attempt to ensure the long-term viability of the platforms.

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