Does money have to be a tangible good?

[bitbit]

I have always heard that money has to be a tangible good. Some people even say this is economics 101.

[bitbit]

http://monetary-metals.com/gold-redeemability-bitcoin-and-backwardation/

And what do you think of this article?

[Tonko]

I have always heard that money has to be a tangible good. Some people even say this is economics 101.

Who says you can't use fart as the payment?

[sunnankar]

I have always heard that money has to be a tangible good.

Bitcoin is tangible; it is just not corporeal.

[Mike Christ]

People buy intangible things all the time.  If intangible goods have value, they have value going both ways.