17,000 BCE – The birth of trade, barter trade to be precise. Trade flourished as clans travelled the 7 seas to distant lands, carrying with them precious metals, stones, silk etc. to be exchanged for what them and their people needed; no monetary instruments. At best, and eventually more common above the exchange of goods, were precious metals (gold/silver) and stone as payment. Eventually governments formed and their regulation on trade birthed the currency we know today. As of today, we have caught a glimpse of what is to come with the rise of the unregulated (now) cryptocurrency – bitcoin, litecoin, ethereum… Not as many transactions, yet a promise.
Trade practices have always fascinated me, and travelling to various countries allows me to look, listen and learn more about it. Often, I find, one story is bound to another.