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/
Replying to @NickSzabo4
First link is a really fun paper on money in Team Fortress 2, second link you should have already read @NickSzabo4pic.twitter.com/kHj5xYohVf
9:55 PM - 27 Feb 2016
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