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[-] hark@lemmy.world 4 points 1 year ago

Are barley grains a currency? I'm not understanding your argument here. In a practical sense, cryptocurrencies are far too volatile to use as a currency and the "stable" coins are tied to things like the US dollar. Well, I should say allegedly tied because "stable" coins like tether haven't been audited to actually prove it's tied to the underlying.

[-] VictoriaAScharleau@lemmy.world 2 points 1 year ago

people use all kinds of things as money. none of it is fake, except counterfeits, but even they have found use as currency.

[-] hark@lemmy.world 2 points 1 year ago

That's like saying stocks are currency because you can trade them for money.

[-] VictoriaAScharleau@lemmy.world 2 points 1 year ago
[-] Rekorse@lemmy.dbzer0.com 1 points 1 year ago* (last edited 1 year ago)

People have paid for things with stocks before, as a currency.

[-] VictoriaAScharleau@lemmy.world 1 points 1 year ago

oh nice. then yea. it's money.

[-] VictoriaAScharleau@lemmy.world 2 points 1 year ago

barley grains have been used as currency, yes.

[-] hark@lemmy.world 1 points 1 year ago

Are they a currency now? Why or why not?

[-] VictoriaAScharleau@lemmy.world 2 points 1 year ago

I am not in touch with every living culture but my guess is that they are not. at least, I don't know of any current cultures using barley grains.

this post was submitted on 02 Jun 2024
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