The good properties of money are not only the ones I enumerated. Relative scarcity is another important one which makes a huge difference between gold and the Bolivar. Moreover the Bolivar is a liability from its issuer, its value depends on the creditworthiness of its issuer, which is not the case for gold or for Bitcoin as they are not anyone else´s liability. Money fullfils the need for exchange, and in order to fullfill that need there are goods that perform better than other ones, and that performance fully depends on its properties.

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