this post was submitted on 18 Jul 2023
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[–] [email protected] 52 points 2 years ago (9 children)

Money is nothing but a bunch of IOUs to make bartering easier.

[–] Disk 10 points 2 years ago

There is no evidence that bartering was a precursor to currency, in fact the opposite is more likely the case. Bartering is used by people who already have an understanding of currency when they don't have money to use.

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