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RE: The Story of Money 4: Markets, Metals, Coins, and Military

in #history7 years ago

Wow this was a really detailed account of the military operations driving the economy of the times. It was interesting how the Bronze and then later Iron smelting technology was used to support the war efforts. Also interesting how the precious metal coinage was used to fund the mercenaries, which created the whole Military-Coinage-Slavery-Complex. The whole economy centered around this process.
Its kind of interesting how throughout the ages so little has changed. Mainly just the technology changes, yet not mankind.

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Pretty wild huh...I sort of wonder if crypto-currency might end up having a similar effect on the world as did Iron, in causing massive upheaval against the old system, but ultimately just putting different players in the same old game.

Yes, I agree crypto-currency could cause that to happen. I am seeing centralized and decentralized coins showing up. Perhaps a battle of the coins. Personally I am hoping that the decentralized coins win and the power structure goes to the people. A hope for humanity to get out of that old pattern. I always try to research and support coins that will support that goal.

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