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
