Alex Umoren
Joined January 2025
2 stories
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From Barter to Forex: The Evolution of Trade. AI-Generated.
Imagine a bustling marketplace thousands of years ago. The sun casts long shadows as traders haggle over the value of their goods. A man leading a cow approaches a woman with a basket of rice. After a brief discussion, they nod in agreement—the cow is exchanged for several sacks of rice. This system of trade, known as barter, was humanity’s first attempt at commerce. While simple, it was revolutionary, laying the foundation for the global currency markets we know today.
By Alex Umoren about a year ago in Trader
