Ya there isn't much here to dispute. However one side effect of this type of valuation was essentially the trust in measurement systems.
This created barriers to entry for valuation of money in the form of owning a scale that required higher precision in weight estimation. On top of that one can imagine that dispute that a merchants scale (this still probably happens even today) cheats was most likely common place.
It's fairly easy to imagine a cleverly placed point of additional friction can "tip the scales" in a merchants favor.
All that to say it would have been good to be in the "measurement" business way back in the day. Hell it's still a good business today, but we need it far less for the exchange of coinage/money which I think is a pretty great thing.
This created barriers to entry for valuation of money in the form of owning a scale that required higher precision in weight estimation. On top of that one can imagine that dispute that a merchants scale (this still probably happens even today) cheats was most likely common place.
It's fairly easy to imagine a cleverly placed point of additional friction can "tip the scales" in a merchants favor.
All that to say it would have been good to be in the "measurement" business way back in the day. Hell it's still a good business today, but we need it far less for the exchange of coinage/money which I think is a pretty great thing.