Table I

The seven requirements of money: a comparison

Seven requirementsFiat currencyGold (commodity)Commodity currencyBitcoin (cryptocurrency)
Instrinsic valueNoneYesYesNone
DivisibleYesYesYesYes
HomogenousYesYesYesYes
DurableYesYesMixedYes
MobileYesYesYesYes
RareYesYesNoYes
Stable value*Yes*Yes*Yes*Yes*

or Create an Account

Close Modal
Close Modal