npub1z8…k36vw on Nostr: Gresham's law is a monetary principle stating that "bad money drives out good". Which ...

Gresham's law is a monetary principle stating that "bad money drives out good".

Which explains why it's bring used as a store of value now, not being used to buy a coffee.



Bitcoin isn't there yet, but it's inching closer to the line... The characteristics of money are:

1). Durability
2). Portability
3). Divisibility
4). Uniformity
5). Limited supply
6). Acceptability

#bitcoin