Big experiment shows emergence of money from barter http://economics.ucsc.edu/research/downloads/MoneyAndMiddlemen_10-10-15.pdf … Historical involved far higher tx costs http://nakamotoinstitute.org/shelling-out/
-
@NickSzabo4 what do you think of David Graeber's position on this saying there is no anthropological proof for the barter story?
@paulbuitink There were indeed obligations long before spot barter markets. But also coincidence of wants problems and intermediate goods.
-
-
@NickSzabo4 thanks. Can I interview you about the origins and future of money one day for http://reinvent.money ?Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.