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
If you are wondering how close US-Canada relations are: we ask future US presidents to fix our nuclear meltdowns.… Tim Bouma Dec 30, 2024, 11:24 PM
The Hindu-Arabic numeral system was the secret sauce for power at the beginning of the second millennium, which gave rise to international banking and trade (well before the modern state( Now we are well into the third millennium (well past the modern state)...… Tim Bouma Dec 30, 2024, 2:34 PM
nostr The things you can do on the network, even with a crappy #nostr client.… Tim Bouma Dec 30, 2024, 1:51 PM
This gives me hope on the new economy that is being built: people valuing others for the value that they bring to one another, in terms of utility value and transcendent value. With today’s economy, the bulk of these transactions are captured and/or intermediated by the state or… Tim Bouma Dec 30, 2024, 1:38 PM
