Jonathan Stray personal blog
The Origin of Banking (2016)
There is a just-so story that explains the existence of money. Before money, the story goes, we all had to barter for the goods we wanted. If I wanted wheat and had chickens, I needed to find someone who wanted chickens and had extra wheat. Money solves this “double coincidence” problem by letting me sell my chickens…
- Points
- 118
- HN comments
- 40
- Submissions
- 1
- Cited by
- 0 commenters
Tech Industry & BusinessHistory & Retro Computing2019
On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Jul 2, 2019 | The Origin of Banking (2016) by dedalus | 118 | 40 |
