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What is Sound Money and Hard Money?
Let’s start with Sound Money: “Sound money is chosen freely on the market for its salability, because it holds its value across time, because it can transfer value effectively across space, and because it can be divided and grouped into small and large scales. It is money whose supply cannot be manipulated by a coercive … Read more
Bitcoin As Money Wins Salability and Stock-to-Flow
Salability (characteristics of money) In the context of money, there are characteristics that make a commodity suitable for use as money. Here are the key qualities of salability in this context: These characteristics are essential for a commodity to function effectively as money. They ensure that the money retains its value, is easily transferable, and … Read more
