I was reading Saifedean Ammous’ The Bitcoin Standard and would like to make a note of a definition. The key property of a good that leads to it being adopted as money is salability.

Ammous mentions several goods that were historically used as money…
“…gold and silver, most notably, but also copper, seashells, large stones, salt, cattle, government paper, precious stones, and even alcohol and cigarettes in certain conditions.” (The Bitcoin Standard, pp 4)
Salability across scales, space, and time. Scale means that the good can be conveniently divided into smaller units, salability across space is concerned with how easily the good is carried, and salability over time is concerned with how well does the good act as a storage of value over time. And these of course then play into each other. Can the good be divided to make for smaller purchases? Does it require some other instrument of division like silver coins to a gold coin? Does it require a special storage, does it depreciate under the elements and finally is there a risk of inflation of the good?
