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What is Money?

Anyone interested in discussing a not-often-needed topic of what money truly is.

Gold and silver money began life in 600 BC in Lydia (city-state in Asia-Minor / Turkey region),
and fiat non-exchangeable paper/electronic money began roughtly with Nixon's total departure from the gold-standard (eliminated the convertibility agreement, $35 for a troy ounce of finely minted gold),
and then in 2009 BitCoin was invented by Dr. Craig Wright.

It seems we've reached one of those rare eras where understanding the true definition of money could be quite valuable to those who want to study it in detail.

This is the place, the forum, for that discussion.

Rules

Please follow the rules below:
Posts about how money gets its value / price.  Posts about historical versions of money, from "clams" to "electrum" to "grain" to "talents".  But mostly you should be interested in whether BitCoin qualifies as money.
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Posts
@john
1 year ago
Playing with golden skeletons in our closet-- some stats: https://powping.com/posts/1e81ea07c5cc27f1401b92473a330cb2a067fcdc94c52faf9b266e764dbff9a6
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@john
1 year ago
To study what Money is, it's probably a good idea to study what GOLD is; since, Gold and Siilver were money for over 2,000 years. https://powping.com/posts/dfe00eef569ea778dbfd7d114936efa94f76c66045d19710a81c60b845b55caa
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@john
1 year ago
Original article on "What is Money?", a topic I find to be quite at the base of all things regarding "cryptocurrencies" or perhaps what is better referred to as "digital money". https://sym.re/DgeqAPd It's an article about a brief 30 year period where seashell beads known locally as "wampum" were the prevailing commodity of Colonial America. Both prior to, and afterwards, silver-based money was the standard. So it makes for a recent study into the value of money, and perhaps what gave wampum
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