Money
Cryptocurrency : Decoding the New Form Of Digital Wealth. UPSC
Cryptocurrency is a new form of digital money without any official relation to any sovereign country or currency area’s legal tender. It is a peer-to-peer version of electronic cash. Bitcoin, created by Satoshi Nakamoto, is considered the first cryptocurrency. However, there was a pioneer in the field of cryptocurrency, the eCash system by DigiCash Inc. However, based on the general conditions of crypto money, Bitcoin is considered the first one.
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Measures of money supply in India or aggregate monetary resources | UPSC Economics.
We spend money to purchase goods and services, isn’t it? Our spending power is represented by the quality of cash or liquid assets circulating in an economy.Now, think about what will happen if the money supply increases without control. Yes, this will lead to a serious problem- Inflation. An increase in the money supply will […]
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