!!! Overview [{$pagename}] is [Currency] and both are a form of a [Commodity] and can be used as [Medium of exchange] that is [verifiable|Verification] Some folks imply that [{$pagename}] is a [Store of value] and [Currency] is a [Medium of exchange]. \\So if [Alice] takes [{$pagename}] and [exchanges] it with [Bob] then [{$pagename}] is [Currency] Many modern references list only three functions, that of * a [medium of exchange] * a [Unit of measurement], and * a [store of value]. [{$pagename}] is Any [Entity] or [verifiable|Verification] record that fulfils these functions. When [{$pagename}] is used to intermediate the [exchange] of [goods] and [services], it is performing a function as a [medium of exchange] and thereby avoids the inefficiencies of a [barter system|Wikipedia:Barter|target='_blank']. [{$pagename}]'s most important usage is as a method for comparing the values of dissimilar objects. !! Paper Money When the Venetian merchant Marco Polo got to [China], in the latter part of the thirteenth century, he saw many wonders—gunpowder and coal and eyeglasses and porcelain. One of the things that astonished him most, however, was a new invention, implemented by Kublai Khan, a grandson of the great conqueror Genghis. It was paper money, introduced by Kublai in 1260. !! More Information There might be more information for this subject on one of the following: [{ReferringPagesPlugin before='*' after='\n' }] ---- * [#1] - [Medium_of_exchange|Wikipedia:Medium_of_exchange|target='_blank'] - based on information obtained 2014-11-20 * [#2] - [Barter|Wikipedia:Barter|target='_blank'] - based on information obtained 2019-08-02