Re:Inside the Bitcoin advocates’ closed-door meeting with fe...
by jafaku on Wednesday August 28, 2013 @02:03AM
(#6288259)
Is that right? I thought fiat was a lot more recent.
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Re:Inside the Bitcoin advocates’ closed-door meeting with fe...
by kaonashi on Wednesday August 28, 2013 @09:56AM
(#6289926)
Fiat (credit) came first. As trust in central authorities broke down, barter & convertible currencies came into vogue.
A good book on the subject: http://www.amazon.com/Debt-The-First-000-Years/dp/1612191290