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

$82,977.00

BTC 0.22%

Ethereum

$2,500.54

ETH 0.19%

Binance Coin

$747.71

BNB -0.07%

XRP

$1.39

XRP -0.93%

Dogecoin

$0.09

DOGE -0.75%

Cardano

$0.25

ADA -3.43%

Solana

$109.43

SOL -0.20%

Compass Investments