Sygnum report - Cryptocurrencies: better money
Simple principles to consider: what qualities make one type of money better than other.
Fiat currencies around the world are losing their purchasing power rapidly. Despite the relative strength versus other currencies, the dollar has also been losing its value, although at a slower space than most other currencies. The failings of the fiat monetary system is refocusing interest on the innovation of cryptocurrencies as money. At the heart of the innovation is the concept of decentralised money as an improvement on centralised control over the ledger.
This research report aims to provide the following insights:
What is money?
What is good money?
What is a good monetary system?
What is wrong with the current monetary system?
Are cryptocurrencies better?
For other updates on the digital asset markets, read our Insights articles here.
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