

There’s a reason that pretty much every complex society moved away from it: it doesn’t scale. It works fine enough for a small tribe that produces basic things like food and clothing. It doesn’t work for an industrialized society of millions of people where production of things like electronics requires hundreds of different resources and production steps.

Seems like a major hassle for the builder to have to lug home 50 sacks of grain, which they’ll then have to try and barter for something else. If only we had an abstract representation of value that’s portable and universally accepted…