> Prisoners use things like cigarettes as currency This didn't happen in a society that didn't have money. Prisoners have an approximate idea of how much a cig

> Prisoners use things like cigarettes as currency This didn't happen in a society that didn't have money. Prisoners have an approximate idea of how much a cigarate is worth in dollar terms and how much they're willing to pay for..a phone call (?) > David Graeber, money actually arose as an abstraction of debts Yes. I think you're drawing the wrong conclusions from that chapter of the book. The money that we have today is an IOU from the reserve bank which is backed by an iou by the government. And since taxes are essentially a form of debt on the citizen's part, you pay taxes and all this should cancel out. Needless to say, none of these ponzi coins are of this design