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What is money?

Hard money stock to flow: Stock supplies, flow is newly created supply over time. The goal is a low flow to keep price based on scarcity and to prevent human tampering.

  • Hardness โ€“ resistance to unpredictable supply increases and debasements of value
  • Fungibility โ€“ units are interchangeable and indistinguishable from one another
  • Portability โ€“ ease of transporting or transmitting monetary units across distances
  • Durability โ€“ resistance of monetary units to rot, corrosion or deterioration of value
  • Divisibility โ€“ ease of subdividing or grouping monetary units
  • Security โ€“ resistance to counterfeiting or forgery
  • Sovereignty โ€“ the source of its value, trust factors, and permissions necessary to transact with it (natural social consensus or artificial government decree)

ยท Salability across Scales โ€” a good that is easily subdivided into smaller units or grouped together in larger units, which allows the user to trade it in whatever quantity desired

ยท Salability across Space โ€” a good that is easily transported or transmitted over distances

ยท Salability across Time โ€” a good that can reliably hold its value into the future by being resistant to rot, corrosion, counterfeit, unpredictable increases in supply, and other debasements of value

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These statements have not been evaluated by the Food and Drug Administration. These products and recommendations are not intended to diagnose, treat, cure, or prevent any disease.