Salability

The ease with which a good can be sold on the market whenever its holder desires, with the least loss in its price [^1]

Salability across scale:

Can be conveniently divided into smaller units or grouped into larger

Salability across space

Can be transported or carried easily. High value per unit of weight

Salability across time

Most critical - its ability to hold value, allowing the holder to store wealth in it.

Store of Value

Acceptability by others

The more people accept it, the more liquid it is. in peer-to-peer situations, a small number of winning protocols tend to emerge.

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  • money
  • Hardness of money

    Hardness of various forms of money is dictated by the technology of the time and society using the money. If seashells become easy to harvest because of a new type of net, their Salability across time will decrease. This is totally due to the environment of technology around the shells, and not the shells themselves.

  • Easy money trap

    If you choose to store your wealth in easy / not-hard good with a low stock:flow ratio, the producers of the good could easily flood the supply. This depresses price and devalues the good, destroying its Salability across time and thus is role as a [[store-of-value | store of value]]❌.