Topic: Does money have to be a tangible good? (Read 682 times)
People buy intangible things all the time. If intangible goods have value, they have value going both ways.
I have always heard that money has to be a tangible good.
Bitcoin is tangible; it is just not corporeal.
I have always heard that money has to be a tangible good. Some people even say this is economics 101.
Who says you can't use fart as the payment?
http://monetary-metals.com/gold-redeemability-bitcoin-and-backwardation/
And what do you think of this article?
And what do you think of this article?
I have always heard that money has to be a tangible good. Some people even say this is economics 101.
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