4 ms·
> If you include all fiat currencies in that category I think that's a keen name. All currencies are fantasies: rocks,[1] sea shells, paper, bits. Money is an
by throw0101b 3y ago
> If you include all fiat currencies in that category I think that's a keen name.
All currencies are fantasies: rocks,[1] sea shells, paper, bits.
Money is an human invention[2] and social contract[3] to help in interactions for goods and services.
[1] https://en.wikipedia.org/wiki/Rai_stones https://en.wikipedia.org/wiki/Rai_stones
[2] https://www.goodreads.com/en/book/show/50358103 https://www.goodreads.com/en/book/show/50358103
[3] https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years