Consider what we used as currency before it was currency. You would have to barter before, which was inefficient. Common currency saves you and everyone involved time. Instead of having to barter for every item, which would also require you to do carry all of those items, you can just pay with currency now.
That’s not exactly true. Barter was never used like that in the past. People used gift giving systems or other trust based systems in daily life. Barter was only used with strangers and that was not a common occurrence. These trust based systems do work in smaller settings but break down in large settings where interacting with strangers is the norm.
Consider what we used as currency before it was currency. You would have to barter before, which was inefficient. Common currency saves you and everyone involved time. Instead of having to barter for every item, which would also require you to do carry all of those items, you can just pay with currency now.
That’s not exactly true. Barter was never used like that in the past. People used gift giving systems or other trust based systems in daily life. Barter was only used with strangers and that was not a common occurrence. These trust based systems do work in smaller settings but break down in large settings where interacting with strangers is the norm.