W3Schools

Outside the Box: Bitcoin buyers are only fooling themselves — again

Money is the lynchpin of modern economies. We do not need to grow our own food, make our own clothes, and build our own furniture. We can specialize in what we do well and use the money we are paid to buy what we want.

It hardly matters what is accepted as money — seashells, whale teeth, and woodpecker scalps have all been used. The people of Yap used stones canoed in from hundreds of miles away. People have been willing to be paid in shells, scalps, and stones because they were confident that they could use them to buy things.

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