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It's Sunday, July 9th, 2023, and this is Markets Daily from CoinDesk. George Kludis here again with your weekend story.

On today's show, we're taking a look at central bankers and their view on the nature

of money.

And just a reminder, CoinDisc is a new source and does not provide investment advice.

The following is a piece written by the former head of CoinDest Research, Noel

Atchison, and is excerpted from her Crypto is Macro Now newsletter.

The piece is titled, How Central

Bankers are reshaping the definition of money. Those of us who have been following the evolution

of Bitcoin for some time now will have lost count of the number of times we've been told,

but it's not money. Critics trot out the textbook definition of the word, a medium of exchange,

a unit of account, and a store of value. It insists that Bitcoin can never meet all three,

while assuming that the established criteria are necessary conditions just because we have been

...