Is this what the invention of money felt like the first time around? Urg: Don't listen to Grg, seashells are the real money Grg: Yeah right, are you going to listen to the guy hyping chunks of salt?
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I'm guessing it's easier when there's a centralized power/authority?
that seems true for coining metals (and obviously paper fiat) but not for other kinds of (proto-) money
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Depends on the metal I think. Kissi money, bundles of iron rods, seems to have have been managed in a decentralized way. Gold tech doesn't need much centralized sophistication, but mining it does due to ore concentration. http://www.liberiapastandpresent.org/kissi.htm
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