Digital currencies are brave and young, came into existence in less than 10 years ago. New currencies for the modern world. Backed by the math algorithm, decentralised and not a legal tender. More details on the creation in the video. It is just the intro. More to come
Wednesday and Vegan Bankery is in the air. Financial recipes. What moves the currency? What influence exchange rate? * Strength of the underlying economy * Political background * Trade Balance * Interest rates * Central Bank Policies, regulations and interventions.
More about currencies. Freely convertible. Partly convertible and non-convertible currencies. Exchange rate : floating vs fixed and currency basket. Next time - what influence the exchange rate to move.
Vegan Bankery. Financial recipes. Let's talk about money to be on the money in the flow. Let's start with currency. History and functions. Main world currencies. What is the next? Exchange rate.