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2024-02-03 03:24:17 UTC
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Kylesantiago on Nostr: Money can be defined as 3 things: 1. Store of Value 2. Unit of account 3. Medium of ...

Money can be defined as 3 things:

1. Store of Value
2. Unit of account
3. Medium of Exchange

Fiat is salable over space but not time.

Precious metals like gold are salable over time but not space.

#Bitcoin fulfills the 3 characteristics of Money and is salable over both time space.