"Money was has had a tradition of being valuable in its own right (gold and silver coin), and eventually banks created paper money that represented an amount of gold held in reserve."
You should read the book Debt: The First 5000 Years. It might be an interesting read for you, as the author points out that times of virtual and "real" currency switched quite often. It shows some really interesting facts about the origin of money - especially the fact that the idea of money is not based on the idea to improve barter.
You should read the book Debt: The First 5000 Years. It might be an interesting read for you, as the author points out that times of virtual and "real" currency switched quite often. It shows some really interesting facts about the origin of money - especially the fact that the idea of money is not based on the idea to improve barter.
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