Money: Where does it come from?
- Marcelo Serafim
- Mar 3
- 5 min read
The concept of money is one of humanity’s most ingenious inventions, transforming from tangible goods to abstract digital entries. Long before coins or bills existed, early societies relied on the Barter System. This was a direct exchange of goods and services—think of a farmer trading a basket of wheat for a blacksmith's iron tool. While simple, it was deeply inefficient because it required a "double coincidence of wants"; you had to find someone who not only had what you needed but also wanted exactly what you had to offer.
