why do we use things for money at all? Why not just use words?
In addition to your explanation about inherent(*ish) honesty, my thought was about information compression and retention.
It would be very cumbersome to have to constantly articulate all of the factors that go into a price, aside from the fact that no one even knows all of those factors.
This is similar to the reason for mathematical notation.
In addition to your explanation about inherent(*ish) honesty, my thought was about information compression and retention.
It would be very cumbersome to have to constantly articulate all of the factors that go into a price, aside from the fact that no one even knows all of those factors.
This is similar to the reason for mathematical notation.