That is referring to a currency as legal tender... and that is another story.
people in a nation state.
that is a a key point... "nation state".
that is a a key point... "nation state". cancel
That's the more general definition and also just the most common example. This might be the source of our disagreement.
Gold was a currency, sea shells were a currency. Currency used to have nothing do with "legal tender" or "by decree" or "nation states".
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no. Those were money, medium of exchange. Is something different.
The "what is money" podcast is explaining very well this.
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