Comment on Why is currency so essential?
credo@lemmy.world 1 month agoWe can think of it as a universal language for trading. It doesn’t matter what item you eventually want, you can trade money to get it.
Comment on Why is currency so essential?
credo@lemmy.world 1 month agoWe can think of it as a universal language for trading. It doesn’t matter what item you eventually want, you can trade money to get it.
Daft_ish@lemmy.world 1 month ago
Extropolating, want, or greed, is what gives money its value?
JohnDClay@sh.itjust.works 1 month ago
The ability to purchase items you want with money gives it value.
xmunk@sh.itjust.works 1 month ago
Want, greed, hunger, sickness, lust… nearly every flaw and benefit has been translatable to currency at some point in history. I feel like you’re focused on the negative but, for instance, take my partner - they suffer from hypermobility and would be unable to build their own home (most of us would be unable arguably) currency allows us to make an exchange at the the absurd levels of value that equal a house without needing to shuffle around herds of thousands of cattle.