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0 pointsmatt40778y ago0 comments

Yeah, well.... It would seem "transactions" should be among the things that a currency does well.

0 comments

Not necessarily. Bags of grain or N cows did not do transactions well. Yet they were successful as currencies for millennia.

times have changed since...

I'm pretty sure bags of grain are still a significant unit of value exchange[1].

They have, and we have bitcoins instead of bags of grain.

j / k navigate · click thread line to collapse

0 pointsmatt40778y ago0 comments

Yeah, well.... It would seem "transactions" should be among the things that a currency does well.

Not necessarily. Bags of grain or N cows did not do transactions well. Yet they were successful as currencies for millennia.

times have changed since...

I'm pretty sure bags of grain are still a significant unit of value exchange[1].

They have, and we have bitcoins instead of bags of grain.

j / k navigate · click thread line to collapse