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Re:The blockchain paradox: Why DLTs may do little to transfo... by quinndupont on Wednesday June 14, 2017 @11:53AM (#14553599)
This is an excellent reply.

That said, we'd need to agree on definitions of "state" here. Some kinds of money surely existed before anything recognizable as a "state", but then again, such notions of money are likely as meaningless as this kind of unrecognizable state.

Re:The blockchain paradox: Why DLTs may do little to transfo... by TremendousJudge on Wednesday June 14, 2017 @01:27PM (#14554327)
>Some kinds of money surely existed before anything recognizable as a "state"

I wouldn't be so sure. As far as I know, current academic consensus is that in primitive societies, where everyone knows everyone, it comes down to a system of favors and everyones natural sense of what's "fair". These are relatively small groups of people, so there's a lot of trust involved. No need for any sort of currency there