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From Livestock to Bitcoin: "Legitimacy" and the Evolution of Money

Without money, specialization is constrained; without money, dreams of constructing an advanced society are merely a utopian pipe dream.

Original Article: "From Livestock to Bitcoin: "Legitimacy" and the Evolution of Money​​"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

The skinny

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