Strypey on Nostr: (5/?) These were, of course, the earliest form of coins, and the earliest form of ...
(5/?)
These were, of course, the earliest form of coins, and the earliest form of fiat money.
The idea of coins having value because of the metal they were made of came much later. Banknotes came even later. Following centuries later again by the mortgage issuing form of "printing money" that dominates anglosphere economies today.
These were, of course, the earliest form of coins, and the earliest form of fiat money.
The idea of coins having value because of the metal they were made of came much later. Banknotes came even later. Following centuries later again by the mortgage issuing form of "printing money" that dominates anglosphere economies today.