Mikko Ikola

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Gold coins were the goods most salable across time, because they could hold their value over time and resist decay and ruin. They were also the goods most salable across space, because they carried a lot of value in small weights, allowing for easy transportation. Silver coins, on the other hand, had the advantage of being the most salable good across scales, because their lower value per weight unit compared to gold allowed for them to conveniently serve as a medium of exchange for small transactions, while bronze coins would be useful for the least valuable transactions.
The Bitcoin Standard: The Decentralized Alternative to Central Banking
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