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Imagine a hypothetical world where there is no established medium of exchange. In this imaginary world, people are simply bartering. However, someone approaches you and tells you, “Hey, you know tomorrow we all move to using gold as money, right? You should acquire as much as you can now before tomorrow comes.” Assuming you trust this individual, any rational person would want to run to a gold mine and purchase as much gold as they could reasonably afford. This part is easy; the trouble comes after. Imagine someone, with their horse and wagon, slowly treading down the road home with a mountain of gold shining in their cart. What happens? Bandits spring out of nowhere and rob the person…
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