this post was submitted on 15 Jan 2024
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[–] PhilMcGraw@lemmy.world 1 points 8 months ago (1 children)

I mean sure money itself is just a token, but it's an evolution from trading goods and services for other people's goods and services, right?

You trade your time for tokens to exchange for something valuable to you, instead of being paid in food/accommodation directly.

I don't think you'd be happy if you went back to the days where you needed to trade actual items to get a loaf of bread.

i mean yeah, this is true, but you should go and try explaining the economics of the stock market, crypto, or government debt to someone from the medieval ages.

The amount of exploitation of the market that has happened since the invention of currency as a concept is amusing.