I kinda think the whole point of currency is a central method of exchanging value. If everyone used different currencies, it wouldn’t be any better than bartering.
How is the situation today different than it was back then? I know we don’t base our money on gold any more, but it’s not like there were much fewer currencies back in the day right? More like there was more since the Euro has eaten up many currencies. I’m not a currency expert, genuinely asking
Hmm interesting. I’m not sure a gold-backed currency and a currency as it is today is so different, but I’m not really qualified to talk about this so I’ll just leave it at that.
I kinda think the whole point of currency is a central method of exchanging value. If everyone used different currencies, it wouldn’t be any better than bartering.
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How is the situation today different than it was back then? I know we don’t base our money on gold any more, but it’s not like there were much fewer currencies back in the day right? More like there was more since the Euro has eaten up many currencies. I’m not a currency expert, genuinely asking
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Hmm interesting. I’m not sure a gold-backed currency and a currency as it is today is so different, but I’m not really qualified to talk about this so I’ll just leave it at that.