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Without money, specialization is constrained; without money, dreams of constructing an advanced society are merely a utopian pipe dream.
Original Article: "From Livestock to Bitcoin: "Legitimacy" and the Evolution of Money"
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
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Michael Milano is an entrepreneur in the midst of penning his first novel. He earned his PhD from The Ohio State University. His areas of interest include Austrian economics, crypto-assets, evolutionary biology, and stoicism.