List and Explain the Three Attributes (Often Referred as the Impossible

question 2

Essay

List and explain the three attributes (often referred as the impossible trinity) an ideal currency would possess if existed in today's world.

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Definitions:

Actual Cause

The direct, substantial factor in bringing about harm or damage, without which the event would not have occurred.

Proximate Cause

A legal concept that connects a party's actions directly to the event that caused harm or damage, indicating a primary cause rather than a remote or secondary influence.

Causation

The action of causing something, in law, it refers to the relationship between an action and its effect.

Salmonella

A type of bacteria often associated with food poisoning, leading to fever, diarrhea, and abdominal cramps.