What makes a good currency?


Posted by Bitcoin Basics

 

  • Scarcity  -- leaves won't work
  • Durability  -- must hold up over multiple exchange
  • Divisibility  -- Multiple Denominations
  • Security  -- Ability to Validate as Real / Not Easy to Counterfeit
  • Convenience in Exchange  -- can't be too heavy

Nice to have:

  • Cultural Identity  
  • Belief in System its a part of -- Patriotism