Tim Bouma | Independent Thinker | Pug Owner | Published Author | #SovEng Alum | #Cashu OG | #OpenSats Grantee https://tim-bouma.npub.pro/ 3000 posts
The Stone Ridge Investor Letter is a real banger. Excellent description of Satoshi’s invention, below.… Tim Bouma Jan 1, 2025, 12:23 PM
Very cool. I need to think about this. Zaps turn the model inside out for sponsored posts and the resulting funding is out in the open.… Tim Bouma Dec 31, 2024, 3:55 PM
The printing press didn’t cause the revolution; it was loose typesetting.… Tim Bouma Dec 31, 2024, 3:47 PM
Most of what passes for historical record is bad copying, poor plagiarism, or outright forgery.… Tim Bouma Dec 31, 2024, 3:42 PM
Most important things for business (according to Pacioli) Cash Good Bookkeeper Transaction Ledger 'Unum aliquid necessarium est substantia. '… Tim Bouma Dec 31, 2024, 2:50 PM
This demonstrates that 'intrinsic value' as a basis for monetary value is a load of hooey.… Tim Bouma Dec 31, 2024, 1:48 PM
Salt was historically considered as valuable as gold during certain periods, particularly in ancient and medieval times. This value stemmed from its critical role in food preservation, flavoring, and its necessity for human health. Here are a few examples: Ancient Rome: Roman soldiers were often paid in salt or given… Tim Bouma Dec 31, 2024, 1:46 PM
nostr I’ve been thinking about this a lot… The combination of Bitcoin/Cashu/Nostr enables the emergence of a global deposit and transfer mechanism that is independent of any existing financial system. That is what I am trying to build with #nostr #safebox. In studying the systems that existed before… Tim Bouma Dec 31, 2024, 12:22 PM
The deposit and transfer system—a precursor to modern banking—was not invented by a single person or group, but rather evolved over centuries, influenced by multiple civilizations. Here’s a brief overview of its development: Ancient Civilizations: Early Banking Practices • Mesopotamia (circa 2000 BCE): • The first known deposit and… Tim Bouma Dec 30, 2024, 11:49 PM