Cryptocurrency Essentials - Geisler, Derek
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Money, as a concept, has been an essential part of human civilization for thousands of years. Initially, societies relied on barter systems, where goods and services were exchanged directly. However, barter had limitations-specifically, the need for a double coincidence of wants, meaning both parties needed to want what the other had to offer. This inefficiency led to the development of money as a medium of exchange.

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Money, as a concept, has been an essential part of human civilization for thousands of years. Initially, societies relied on barter systems, where goods and services were exchanged directly. However, barter had limitations-specifically, the need for a double coincidence of wants, meaning both parties needed to want what the other had to offer. This inefficiency led to the development of money as a medium of exchange.
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