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Re:Inside the Bitcoin advocates’ closed-door meeting with fe... by ferdo on Thursday September 05, 2013 @11:19AM (#6334697)
> It's not clear that commodity money or coinage existed before paper notes.

Coins were around for millenia before paper money. The earliest paper money I know of is the bark money written of by Marco Polo [1]. Europeans got their idea for paper money from the Chinese.

[1] http://www.fee.org/the_freeman/detail/marco-polo-on-money

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