This breaks down as follows. First. The monetary quality of a commodity may differ from its actual commodity quality. For example, the monetary quality of gold lies primarily in its rarity, easy divisibility, and storability, while for the electronics industry, its high electrical conductivity and corrosion resistance are paramount, and for the jewelry industry, the fact that gold is considered “beautiful.” Monetary metals also differ from other commodities in homogeneity. Metal is more homogeneous than sheep or hoes. This means that “monetary units” associated with measures of such a commodity are more truly “units” than in the case of other commodities—that is, the monetary calculation requires less cost in itself. Bitcoin is even more homogeneous than gold, which comes in different finenesses and remains vulnerable to the talents of enterprising individuals who stuff tungsten inside a bullion bar; the authenticity of the bitcoin transaction is “embedded” in the bitcoin itself.