The Essence of Money, Bitcoin, and Gold With Wences Casares

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Wences Casares is the founder of a Bitcoin exchange in Argentina.

Mr. Casares shares some amazing and well explained anthropological insights on the theory of the origins of money as being used to help maintain a ledger system among people in small communities rather than a barter system. A ledger system is the very essence of money. Since a ledger happens to be the core of the Bitcoin system, Bitcoin shares this key characteristic with all other forms of money.

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