Hard money is a term used to refer to a property of any monetary asset that is resilient against inflation and other economic uncertainties.
*** The “hardness” of money is a subject concept and can vary according to the party passing judgment over it.***
In the world of traditional finance, “hard money” represents scarce assets such as gold or silver. Where as in the nascent world of digital assets “hard money” is used to refer to Bitcoin, Ethereum, and other cryptocurrencies that are Proof-Of-Work consensus based.
Hard money must be able to adapt to shifting supply/demand dynamics and maintain its value peg during global instability. Hard money typically acts as a good “STORE OF VALUE”, while soft money can fluctuate in its value radically minute to minute.