What past scholars taught us about the properties of money are no longer relevant, they lived in a physical world. We live in the digital world. Out of the 5 properties of money, only "acceptability" is relevant, the others are a given because money is digital.
People are saying "Store of Value" - SoV, MoE, UoA are use cases of money, not the blueprint.
People are saying "limited supply". Yes, it remains relevant. But here too they framed it as a physical commodity. Money is a ledger tracking debt, in the cloud that is a given. Scarcity means "an incorruptible ledger". This reframing encompasses resistance to hacks.
If you distill this down, you get only 2 properties: - acceptability - incorruptibility Arguably we can add a 3rd digitally native property. - programmable
106,9K