Monetary goods first integrate via savings and collateral, Leon Wankum notes

Monetary goods first integrate via savings and collateral, Leon Wankum notes
Monetary goods build value before transactions

Leon Wankum, bitcoin writer, crypto commentator and real-estate investor, observes that monetary goods often establish their value first through savings, collateral use, and adoption on institutional balance sheets.

He adds that these goods are typically integrated into broader transactional systems only after they have achieved a level of trust and acceptance in these foundational areas.

Earlier, Wankum discussed how bitcoin could reduce the need for property as a monetary hedge in an article on bitcoin and housing markets. He also announced the forthcoming release of Part II of his series Inflation and the Illusion of Wealth. Both topics have been central to his recent commentary on monetary trends.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.