This might be naive on my part but after reading dozens of volumes on Austrian economics I have a nagging question…
Gold is no doubt the king of currencies in a free market.
It’s durable, it’s divisible, etc.
However, and this leads to my question, most commodities are PERISHABLE. They have a limited shelf life. In some cases that shelf life can be extended, but in general LIMITED.
How does a currency that does not have a shelf life and is nearly indestrucible affect exchanges involving things having a limited shelf life, things that deteriorate over time, etc.?