Sound Money Needs More Than Scarcity

📌 Sound Money Needs More Than Scarcity – Bitcoin passes most of the classical tests for money. The one it fails isn’t small. Bitcoin’s case for being sound money rests on a real, serious argument, one worth taking at full strength before questioning any part of it. Economists have used a standard set of properties to evaluate

$\\n \\n$BTC, #Bitcoin passes most classical money tests - durability, divisibility, portability and scarcity - but it fails where it matters: volatility and adoption. The case for sound money is serious; economists should evaluate the full argument before dismissing it. #Macro Insights# #SoundMoney. Bitcoin$

$BTC, #Bitcoin passes most classical money tests – durability, divisibility, portability and scarcity – but it fails where it matters: volatility and adoption. The case for sound money is serious; economists should evaluate the full argument before dismissing it. #Macro Insights# #SoundMoney

Bitcoin

$80,886.00

BTC -1.09%

Ethereum

$2,382.13

ETH -1.15%

Binance Coin

$739.48

BNB 0.24%

XRP

$1.29

XRP -2.02%

Dogecoin

$0.08

DOGE -0.85%

Cardano

$0.21

ADA -1.71%

Solana

$102.72

SOL -1.50%

Compass Investments