There is new evidence showing that silver and gold were used as money far earlier than previously thought. The common bartering narrative is largely a myth. The use of sound money, rather than barter, has been a much more significant and enduring part of human trade. Barter might work between neighbors, but it does not serve communities well.

Money Metals Exchange

Evidence Shows Silver and Gold Were Used Much Earlier Than Originally Thought

This historic archaeological discovery of silver and gold money supports Carl Menger's and the Austrian School of Economics’s theory on the ...