garyj on Nostr: Aristotle defined money a few thousand years ago and is pretty much common sense. ...
Aristotle defined money a few thousand years ago and is pretty much common sense. Money is a commodity that must be :
Divisible, portable, durable, fungible, desireable, relatively scarce , not consumed by industry and maybe , lately , one or two other properties.
The commodity with the most properties of money becomes accepted as money.
Published at
2024-09-20 08:02:47Event JSON
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"content": "Aristotle defined money a few thousand years ago and is pretty much common sense. Money is a commodity that must be :\n\nDivisible, portable, durable, fungible, desireable, relatively scarce , not consumed by industry and maybe , lately , one or two other properties.\n\nThe commodity with the most properties of money becomes accepted as money.",
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