Money in the Metaverse

Keith Bear ()
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Keith Bear: University of Cambridge

Chapter Chapter 9 in Global Perspectives in the Metaverse, 2024, pp 165-187 from Springer

Abstract: Abstract Before we dive into the context of Money and the Metaverse, it may be helpful to remind ourselves on the fundamental nature of Money. Money typically needs to satisfy 3 key criteria. It must be able to act as: (1) A unit of account; (2) A store of value; and (3) A medium of exchange. The successfulness of the monetary system is evaluated by its ability to support the effectiveness of the money affiliated with the system.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-54802-4_9

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DOI: 10.1007/978-3-031-54802-4_9

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