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Chapter 7 - The First Forms of Money

Humans are creative.

Across the ancient world, civilizations experimented with early forms of money.

They used:

Shells (especially cowrie shells in Africa and Asia)Salt (so valuable Roman soldiers were partly paid in it — the origin of the word "salary")Spices (like pepper, once worth its weight in gold)Beads, furs, livestock

Anything that was:

DurableDivisiblePortableRecognizable

could serve as money.

But these forms still had limits.

Shells could be faked.

Salt could be ruined by rain.

Spices could rot.

Societies needed a universal standard of value — something trusted, rare, and permanent.

Enter gold.

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