> Until a currency has a military and economy behind it, it’s a toy. Did Rai stones have a meaningful military and economy behind them? * https://en.wikipedia

> Until a currency has a military and economy behind it, it’s a toy. Did Rai stones have a meaningful military and economy behind them? * https://en.wikipedia.org/wiki/Rai_stones https://en.wikipedia.org/wiki/Rai_stones Or various sea shells? * https://en.wikipedia.org/wiki/Shell_money https://en.wikipedia.org/wiki/Shell_money The earliest recorded economies (e.g. Ur III) ran on credit: * https://www.sfu.ca/~poitras/jesho_UR_14.pdf https://www.sfu.ca/~poitras/jesho_UR_14.pdf * https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years * https://en.wikipedia.org/wiki/Gift_economy https://en.wikipedia.org/wiki/Gift_economy