Does money as a unit of exchange arise naturally from barter

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>>3013956
It requires state backing.

I'm sorry, libertarians.

something like it does but it takes requires some management to become actually stable and reliable

>>3013999
>>3013995
Can a unit of exchange like gold arise without state backing

>>3014006
Pretty much. Units of exchange aren't necessarily Money.

>>3013956
What if the "coin of the realm" was like a kalash or cigarette or something inherently useful

Both in different cycles

>>3014069
Its called paper money>>3014077

>>3014069
That used to be the case, the first unit of exchange wasn't a coin, it probably was an arrowhead.

>>3014069
u gib soj? >_<

>>3014069
Much more expensive to produce, and much less standarized. Also constantly being consumed.

>>3014069
then the value will fluctuate based on availability/demand of that thing

>>3013956
It requires state backing.

>>3013956
Both. Barter economies will generally eventually develop more convenient/transportable media of exchange, but money requires state backing.