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<p>[QUOTE=&quot;kaparthy, post: 3720390, member: 57463&quot;]Again, thanks for your reply and I am glad that you found the original post interesting. And, again, I point to the actual history of money. Why were lumps of electrum struck with distinctive images?&nbsp; Why trust Athena/Owl as a symbol of the city that issued the coin? Why trust the names of the magistrates put on coins in ancient Greek cities and in then in Rome?&nbsp; Why trust anyone? </p><p><br /></p><p>Trust is based on reputation. Reputation exists within a community.</p><p><br /></p><p>As for constantly having to compare the relative values of moneys, people do it all the time. That&#039;s what foreign exchange, stock markets, and commodities exchanges are all about. Futures, longs, shorts, puts, calls, all of that and each one constantly re-evaluated as traders buy and sell currencies and other forms of money. As I said, you can trade cows for gold on the Chicago Board of Trade.[/QUOTE]</p><p><br /></p>

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