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by Swenrekcah 1918 days ago
>Peace and trust cannot exist without currency.

This is completely false. Currency is orthogonal to trust.

>Money lubricates peaceful resolution of conflict.

Just as easily as it is the driver behind conflict.

>If you need food and I have it, trade or violence are your only options if currency doesn’t exist.

Trade, gift or violence are your only options regardless of the existence of currency.

What currency does is help to expand the number of people that can do business beyond the number of people one can have a personal relationship with.

That is immensely powerful, but it also enables a whole world of fraud and bad things that we need a functioning trusted regulator to deal with.