https://twitter.com/greenleejw/status/1206606000456896512
And now I wonder: did gold and silver also start as in-kind currencies before getting formalized into coins and standard weights?
And now I wonder: did gold and silver also start as in-kind currencies before getting formalized into coins and standard weights?
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(I mean, it’s still assigning value to the metal, but it has to have value to be used as payment, so…?)
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No-one seems to be sure entirely why. Like, did they make their molds from English coins or even use English molds, or did they just think that was How Coins Worked?
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