What is the M1 circulating supply?
Can you explain what exactly is meant by the M1 circulating supply in the context of cryptocurrency and finance? Is it a measure of the total amount of a particular cryptocurrency that is currently in use and available for transactions, or is there a more nuanced definition? How does it differ from other measures of supply, such as the total supply or the maximum supply? And why is it important for investors and traders to understand the M1 circulating supply of a cryptocurrency?
What is M1 and M2 money?
Can you elaborate on the concepts of M1 and M2 money? As an individual invested in cryptocurrency and finance, I'm interested in understanding how these classifications of money differ and their significance in the broader economic landscape. Could you please provide a concise yet comprehensive explanation of what they are, their components, and their significance in influencing monetary policy and economic growth?