Are the transaction costs reduced by money primarily cognitive costs? Those can get bad in a giant network of creatures with mean IQ=100
@psygnisfive @puellavulnerata @CTZN5 even gift economies have money! kula ring situations etc.
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@sarahdoingthing@puellavulnerata@CTZN5 it's a bad analogy. they never function like actual money, that's just how we try to understand it -
@psygnisfive store of value is one of the most important functions of money, but they're also at least a symbolic medium of exchange - 2 more replies
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