by Daniel Makina | Jul 8, 2025 | Uncategorized
Introduction The emergence of cryptocurrencies in the early 21st century sparked a debate about their classification as money. Traditionally, money is defined by its five functions: unit of account, medium of exchange, means of payment, standard for deferred payments,...
by Daniel Makina | Jul 8, 2025 | Uncategorized
In the run up to the 16th BRICS Summit held in October 2024, 22nd to 24th in Kazan, Russia, there was a flurry of media reports suggesting that BRICS countries were mulling the creation of a BRICS currency to challenge the US dollar dominance in...