Turns out, Aristotle was pretty smart.
Good money should be durable, divisible, portable and have intrinsic value.
See the comparison between Fiat and Bitcoin.
📖 Why is Bitcoin the most sound form of money? 📖 Let’s revisit… | Thomas Jeegers, CFA, FRM
đź“– Why is Bitcoin the most sound form of money? đź“– Let’s revisit Aristotle’s classic criteria for what makes “good” money: durability, divisibility, portability, and intrinsic value, and see how Bitcoin stacks up against fiat. 👉🏻 Durable: Bitcoin doesn’t rust, rip, or degra…
