Gold value a lot, and it is not easy to transfer, but still many exchanges opened for trading gold
You can have exchange built upon valuable things, not the other way round
Topic: Store of value vs medium of exchange (Read 836 times)
Of course the relationship between usefulness as a store of value and usefulness as a medium of exchange can vary quite a bit.
A fine day in the jungle:
5 minutes later:
A fine day in the jungle:
- Dude, I have this very heavy, difficult to exchange, difficult to identify yellow rock that lots of people really want. You can store it forever. Apparently is is valuable. Interested?
- Sure, how much ganja you want for that one rock.
- Your entire crop, and next year's crop too
- I heard I can get 5 years crops worth of seeds for a rock that size, so ok
5 minutes later:
- Dude, I have this crop of really tasty vegetables. Everyone seems to want them really bad. Apparently it is valuable. But you've got to exchange or eat it in the next 4 days or it will be worthless
- Sure, I'm hungry, how much vegetable for this piece of ganja?
- I'll give you 2 days meals worth of the vegetable for it
These can not be disconnected.
A fine day in the jungle:
-- Dude, I have codez. They are valueable. Interested?
-- Sure, how many for this piece of ganja?
-- Oh, sorry, they are not transferrable.
--
?
5 minutes later:
-- Dude, I have codez. They are transferrable. Interested?
-- Sure, how many for this piece of ganja?
-- Keep it, you can have some anyway.
-- Ehh, okayee, what can I use them for?
-- You can keep them forever or donate them to who you like.
--?
A fine day in the jungle:
-- Dude, I have codez. They are valueable. Interested?
-- Sure, how many for this piece of ganja?
-- Oh, sorry, they are not transferrable.
--
?5 minutes later:
-- Dude, I have codez. They are transferrable. Interested?
-- Sure, how many for this piece of ganja?
-- Keep it, you can have some anyway.
-- Ehh, okayee, what can I use them for?
-- You can keep them forever or donate them to who you like.
--
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