His argument is that the very first coin money came into being as a promise note, for harvests. That's why they had bulls and wheat pressed into them. They were abstract representations of what was owed.
The person who owed the wheat couldn't give the wheat in trade because the wheat hadn't grown yet. So, they used a token.
5 bushels of wheat = 5 wheat tokens
pipe
npub1qfk…j6kq
2024-01-06 23:25:39
in reply to nevent1q…hh4t
Author Public Key
npub1qfkcklnmes45z75y7y8dkud5yll8vp5eq5ysk9rmgqdxeasv8unsrfj6kqPublished at
2024-01-06 23:25:39Event JSON
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"pubkey": "026d8b7e7bcc2b417a84f10edb71b427fe76069905090b147b401a6cf60c3f27",
"created_at": 1704579939,
"kind": 1,
"tags": [
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[
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"content": "His argument is that the very first coin money came into being as a promise note, for harvests. That's why they had bulls and wheat pressed into them. They were abstract representations of what was owed.\n\nThe person who owed the wheat couldn't give the wheat in trade because the wheat hadn't grown yet. So, they used a token. \n5 bushels of wheat = 5 wheat tokens",
"sig": "519093dabfecadc3efdff7808f81bc754d546026153f0faf7eec6668d336fd24cd346535e66a07e33ed834599dfb57e00d7ea06ed6bc13011d2749c7c004b353"
}