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It explores how money arises naturally from market processes, not by government decree, but through the actions of individuals seeking to solve the problem of indirect exchange.
It draws on the theory that before money, barter was inefficient due to the "double coincidence of wants"-the unlikely scenario where two parties each have what the other wants.
Over time, certain goods that were more marketable, durable, divisible, and widely desired (like gold, silver, or shells) became preferred as mediums of exchange. These goods eventually evolved into money because they solved the inefficiencies of barter.
The piece likely connects these classical ideas to modern digital money, especially Bitcoin, highlighting its properties (scarcity, divisibility, portability, recognizability) as aligning with those of historical forms of money.
It may also discuss how Bitcoin, like gold in the past, emerged from voluntary market adoption rather than top-down imposition, and how its decentralized nature and fixed supply make it a candidate for "good money" in the digital age.
Our very own @denlillaapan appears to have been a proofreader for this piece.
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oh, I forgot to mention this, lol. Thiz dudez keeps busy
nice nice nic,e, indeed I did.
I'm a constant thorn in Ansel's side about his typos and inconsistent style use :D
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what do you mean ?
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At the bottom, it says Joakim helped with the proofreading. @denlillaapan is the only Joakim I know of in our space who that might be. He helped Lyn with Broken Money and @realBitcoinDog with his book.
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i was not aware , thks
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iz OK!
Also Nik Bhatia's new book... And Aaron's The Genesis Book... IMMA FAMOUS #946402
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Money has actually been evolving from one form to the other like you rightly said. Cowries salt gold and other precious stones down to fiat and crypto.
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