Monetary Competition

The best type of money is one that is marketable to the greatest number of people at any given time. For an item to be competitive as money, it should be saleable across time, location and scale, meaning that it maintains its value over time, is transferable across geographical space and can accommodate any transaction size. It is the monetary properties of an item that determine how well it will accomplish the ideal functions of money. In other words, monies compete for users based on their individual combinations of key properties, such as:

• Transferability
• Divisibility
• Storability
• Durability
• Verifiability
• Fungibility
• Scarcity
• Censorship Resistance