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The five properties of money.

Understand how money works and what makes it powerful.

Durability

Illustration of Durability

Durability

Money Properties

A useful monetary record can persist through time without losing its ability to be used.

Durability concerns whether a monetary record remains usable over time. Physical notes, account records, custody practices, and recovery paths all affect the practical durability that a person experiences.

  • U.S. Dollar — Cash wears; balances need bank access

  • Bitcoin — Keys need secure backup

Sources: Federal Reserve: paper currency lifespan, Federal Reserve: digital money, Bitcoin FAQ
Illustration of Durability

What Is Bitcoin?