3min chapter

The "What is Money?" Show cover image

Bitcoin 101 with Linda Hill (WiM114)

The "What is Money?" Show

CHAPTER

The Evolution of the State and Money

Gold is effectively storing economic value over time. So what was once a collectable becomes a store of value. People start creating coins and transacting in it. There's also other element here that's really important, as we're creating more economic surplus,. This is also the emergence of government and the state.

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