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Comment by ahomescu1

Anything that is valuable, fungible and divisible could be used as money (you could even use barrels of oil). For examples, see [1]. Again, a great contemporary example is Bitcoin (not sure why you're ignoring that, it's a great example of money that exists in spite of government, not because of it).

Perhaps what you're referring to is legal tender, which indeed requires a government to exist. However, not all money is legal tender (for example, euros are not legal tender in the US, afaik).

1. https://en.wikipedia.org/wiki/Commodity_money

parent ahomescu1 11 years ago

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