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matt4077
8y ago
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Yeah, well.... It would seem "transactions" should be among the things that a currency does well.
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fooker
8y ago
· 3 in thread
Not necessarily. Bags of grain or N cows did not do transactions well. Yet they were successful as currencies for millennia.
statguy
8y ago
times have changed since...
20after4
8y ago
I'm pretty sure bags of grain are still a significant unit of value exchange[1].
[1] yep:
http://www.nasdaq.com/markets/wheat.aspx
fooker
8y ago
They have, and we have bitcoins instead of bags of grain.
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