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Comment by _heimdall

I've heard many arguments that barter came before currency, if I'm not mistaken that was even one of Adam Smith's tropes in his writings that influenced currencies and economies we have today.

I don't necessarily buy the idea that someone with a chicken and needed bread wandered around looking for a baker in need of chicken, but their argument does fly in the face of the idea that barter follows failed currencies.

If nothing else you have a chicken and egg problem to unwind there, and barter does seem a bit more basic or simple than currency so I'd have guessed it came first.

parent _heimdall 27 days ago

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