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That's interesting. I suppose it's true; the money, be it in the form of paper bills or numbers in an account or whatever, is simply a record. If we all had per
by tjr 13y ago
That's interesting. I suppose it's true; the money, be it in the form of paper bills or numbers in an account or whatever, is simply a record. If we all had perfect memory and perfect trust in each other, we could operate based solely on recalling the amounts credited to us.
Is that what you're getting at? While perhaps a fine extension of the train of thought, I personally find that hard to think about, I suppose because, in practice, dealing in terms of memory money would be harder than exchanging documents, and the advantages of using money rather than direct bartering and trading become less clear.