Global Feed Post Login
Replying to Avatar Peace K 🪙

I would define intrinsic as an objective property that makes something desirable for consumption.

Gold is shiny, which makes people want to wear it.

Gold is both electrical conductiv and doesn't rust which make people want to use it in electrical devices

Avatar
CitizenPleb 7mo ago

Neither of those utility aspects gives gold its qualities of sound money.

Reply to this note

Please Login to reply.

Discussion

No replies yet.