Salability - Deepstash
Salability

Salability

A good’s salability across time refers to its ability to hold value into the future, allowing the holder to store wealth in it. For a good to be salable across time it has to be immune to deterioration.

Similarly, with money, it was inevitable that one, or a few, goods would emerge as the main medium of exchange because the property of being exchanged easily matters the most. A medium of exchange is not acquired for its own properties, but for its salability.

Monetary status is a spontaneously emergent product of human action, not a rational product of human design.

103

754 reads

CURATED FROM

IDEAS CURATED BY

gra_maa

"I think the next best thing to solving a problem is finding some humor in it." -Frank Howard Clark ⁠

A deep dive into the role money has played across history and how Bitcoin fits in.

The idea is part of this collection:

Getting started with Cryptocurrency

Learn more about crypto with this collection

Understanding the basics of cryptocurrency

How to store cryptocurrency securely

Risks and benefits of investing in cryptocurrency

Related collections

Similar ideas to Salability

The box may be never found; and laden with significance. It would signify, for instance, that a civilization visited the planet, and much about its degree of sophistication. To further grasp the importance of counterfactual properties, and their difference from actual properties, imagine a comput...

What is Cryptocurrency?

What is Cryptocurrency?

Cryptocurrency is a form of payment that can be exchanged online for goods and services.

Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would...

The End Products

The purpose of creative activities for brain health is not to produce a sellable or even a laudable product. These activities creates new neural connections that can preserve your cognitive ability or at least slow down its deterioration.

Also, just as muscle strength takes time to d...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates