An attempt is made to answer the question posed by the title of this p
aper. First we show that in primitive self-replicating oligoribotide s
ystems, selection depended from the very start on the existence of 4 k
inds of ribotides, forming 2 complementary pairs. Further selection re
quired that the condensation reactions involving the two last position
s of the 3'-end of a growing oligoribotide fragment and the first posi
tion of the 5'-end of another fragment were catalyzed by randomly synt
hesized peptides. This established a codon - amino acid concentration
correlation and clinched triplet segments as the basis of the translat
ion process. Finally, physical arguments are given to show that the mo
nochirality of the ribotides arose from stereochemical reasons, as fir
stly described by Wald, but that of the amino acids is the result of n
atural selection acting during the peptide-assisted stage of oligoribo
tide growth.