3 ms·
> We ended up writing IOUs on a sheet of paper. I imagine that the ancient version of this story is exactly how money began in the first place. "Man, it was j
by g_hn_liaison 4y ago
> We ended up writing IOUs on a sheet of paper.
I imagine that the ancient version of this story is exactly how money began in the first place. "Man, it was just too hard to coordinate who got how many cows for the rocks, we just wrote a bunch of IOUs"
- alar44 4y agoYep, crop futures. People wanted the security of procuring food for next season before it was harvested.