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The Bitcoin Standard
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The Bitcoin Standard

The Decentralized Alternative to Central Banking

by Saifedean Ammous

Money's Evolution: From Rai Stones to Digital Currency

Before money existed, humans relied on barter—trading chairs for pigs, candles for milk. This direct exchange worked in small villages but became impractical as societies grew. The fundamental problem? You needed what your neighbor wanted, and vice versa. Money solved this by creat…

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