Money doesn’t measure value

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The big myth of money with that it measures value. Value cannot be measured. Gold can be measured by ounces. Wood planks can be measured by feet. Gasoline can be measured by gallons. But value is based on its utility to individuals based on their own individual purposes. Hence, nothing can measure value objectively. 

This is why money is just a medium of exchange. Anything that is money must first be an asset of some utility. Then people are able to assess which asset shares the widest demand and is easiest to store over time and space. Historically, this asset has been gold buts its also been silver, cigarettes, tobacco, wheat, or ammunition. 

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