I have been thinking about this a lot lately , but money does not make any sense , it is just an ideology or an idea in a paper form and still we value everything in form of that idea!

  • intensely_human
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    1 year ago

    Money is a way to prioritize work according to what is most needed and wanted, without having to centralize communications.

    Also it makes bartering asynchronous. I can effectively barter peaches for coffee without needing to find someone who needs my peaches and has excess coffee.

    It exponentially reduces the improbability of finding working trades. In that way it’s kind of like a catalyst, reducing the activation energy. It’s like a superconductor for economic signals. Or a reaction surface that helps molecules find each other and react.