Financial Services DTF wiki

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====== DIGITAL CURRENCY ======

===== Topics: =====
  * What is 'money'
  * How you can codify something that is currency

==== Money as: ====
  * Unit of exchange 
  * Store of value

==== Kinds / variables: ====
  * Token v Account based
  * Uses of currency? Things like 
    * community currencies
    * central bank
    * Bank specific currency 
      * (e.g. Scotland)
      * Are there other scenarios
  * what is legal tender?
 
==== Currency issuance questions ====
  * how does the monetary authority  know how much of a given currency is in circulation? 
    * also applies to crypto
  * Central Banks
    * M1 M2 M3 issues
      * Does this relate to Ledger v Token? e.g. one of the Ms is  how much coin and note is in circulation
      * See [[MoneySupplyIssues]]

How you codify - thinking about examples like cattle as currency, there is a distinction between:
  * something you can use in exchange (unitized value, exchangeability)  versus
  * barter (simple exchange of things)

The first of those is something that could be used as money

==== Backing ====
See e.g. 
List of gold-backed currencies: https://www.goldscape.net/gold-blog/gold-backed-cryptocurrency/


===== Discussions =====
Page for discussion of some topics: [[Discussions]]

Use this for more open ended questions and comments. 

===== Terms and Definitions =====
We will be using the VCoI approach to this - see separate page(s):

[[Terminology]]

Covering these 3 things:
  * Terms and Definitions
  * Abbreviations and acronyms
  * References

Start collecting some of the terms we need on those pages. 

Where 'Context' in this case is this wiki (the FDTF as a whole) and the subsequent RFI 

==== References ====

See also the [[References]] page. For now this is an informal place for references as we find them; we will introduce the VCoI process later.
Financial Services DTF wiki

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