/biz/ - Business & Finance

Anonymous Tue Aug 18 15:13:57 2020 No.21594343 [View]
File: 1014 KB, 1070x6915, What is money.jpg [View same] [iqdb] [saucenao] [google]

>>21593927
>Its not "money".
PMs check all the qualifiers required to be money. And they do it better than any other commodity.
Reminder that money must be:
-Durable
-Portable
-Uniform
-Limited in supply
-Acceptable
-Divisible
-Fungible

Remove one of these qualities and it cannot be proper money. Understand that PMs were not used because of bias towards them. They are simply the best candidates for being money.

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