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1. Acceptability; money must be generally accepted as having value in exchange.
2. Portability; if an item is to be used as money, it must be easily portable so that it can be a convenient means of exchange.
3. Scarcity; money should be scarce in supply. For an item to be accepted as money, it must be scarce in circulation.
4. Divisibility; money should be divisible so that it can be used in exchange with items of low value.
5. Durability; for any asset to be used as money, it must be durable and does not depreciate over time so that it can be used as a store of value.
6. Homogeneity; it is desirable that money should be as uniform as possible.
Dullayo answered the question on May 11, 2018 at 10:51
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