Bifalgorithm post · digital money · introduction

Money depends on confidence that value can be received, stored, and exchanged.

Money depends on confidence that value can be received, stored, and exchanged. (digital money · introduction) — "Money depends on confidence that value can be…

Ideas in this flowchart

  • Money depends on confidence that value can be received, stored, and exchanged.
  • Confidence is central to money.
  • The confidence concerns value.
  • Can value be received, stored, and exchanged?
  • Value can be received.
  • Receiving value verifies its availability.
  • Confidence in receiving value supports money.
  • Value can be stored.
  • Storing value preserves its availability.
  • Confidence in storing value supports money.
  • Value can be exchanged.
  • Exchanging value enables transfer.
  • Confidence in exchanging value supports money.
  • Confidence across these functions makes value dependable.
  • Money depends on that confidence.
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Money depends on confidence that value can be received, stored, and exchanged.

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digital money

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"Money depends on confidence that value can be received, stored, and exchanged."

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