Jiří Charvát

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These metals proved a better medium of exchange than seashells, stones, beads, cattle, and salt because they could be made into uniform, highly valuable small units that could be moved around far more easily. Another nail in the coffin of artifact money came with the mass utilization of hydrocarbon fuel energy, which increased our productive capacity significantly, allowing for a quick increase in the new supply (flow) of these artifacts, meaning
The Bitcoin Standard: The Decentralized Alternative to Central Banking
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