Currency doesn’t require centralization, just a social agreement. You can trade beaver pelts even if you’re not a trapper or furrier yourself. Or you can all agree to start using something that’s easier to carry, isn’t easy to obtain, and probably still has some intrinsic value… that’s coinage.
Currency doesn’t require centralization, just a social agreement. You can trade beaver pelts even if you’re not a trapper or furrier yourself. Or you can all agree to start using something that’s easier to carry, isn’t easy to obtain, and probably still has some intrinsic value… that’s coinage.