Today, class, we’ll be continuing our discussion on the early human economics centuries. Remember these key points for the quiz at the end of the week:
First they dug shiny gold out of the ground and traded it with one another until they ran out of gold
Then they traded paper made from trees representing the gold that they no longer traded because there wasn’t enough of gold
When they finally wiped out trees, they could no longer create more paper to trade, so they started trading random bits of data.
All of this was before the Fortnite skins economy took over, but thats next week’s lesson…
Today, class, we’ll be continuing our discussion on the early human economics centuries. Remember these key points for the quiz at the end of the week:
All of this was before the Fortnite skins economy took over, but thats next week’s lesson…
Tally sticks have more to do with the history of currency than gold does
I’d originally written it to cover 20th and 21st century, but gold goes way back farther than that. I was out of interest to expand it.