Money is in some regards not uniform in its externalities. An appreciation of the value of the USD, for example, has other externalities that an appreciation of the value of gold. We know from history that gold vaults and mines have been obvious military objectives in war, and a price increase of that money magnifies the temptation to capture...
Paul Einzig, in his work "Primitive Money", details the evolution of fur money in medieval Russia - a land where the inhabitants from a very early period had intertwined the concept of money with their cattle.
Car Nicobar is a rather solitary, tropical island situated between India in the west and Thailand and Myanmar in the east. Paul Einzig, in his work 'Primitive Money', has summarized the documented use of coconuts as currency there. One of these sources is George Whitehead, British Government Agent on the island at the start of the 20th century....
Leaving Africa for the West Indies, it is time to explore sugar as a form of money - something which I briefly did in an earlier article on the subject. The end goal of this article is to try to apply the framework of hard and easy money on some of the rich research conducted and summarized by Stuart B. Schwartz and his fellow sugar historians in ...
Is it creditable to any Government, and particularly a Christian Government, that any portion of its revenue, not to speak of the largest, is raised from such a fearfully destructive source? - Lagos Echo, 1894
Effective immediately, all new and semi-annual ratings are on hold. This is a decision resulting from a creeping realization that the time I have spent on detailing the history, ecology, technology and centralization of many altcoins are really better spent by studying money protocols in general, and Bitcoin properties in particular. I have always...
While in China, 14th century traveler Ibn Battuta also documented a practice very rare at that time: the use of paper-money:
Another 'Money in Africa'-themed British Museum research publication, this time by Carlos. F. Liberato, inadvertently captures some interesting dynamics of hard and easy (or soft) money as well. The 15th to 18th century European - mainly Portuguese - meddling in the Guiné region of West Africa often makes people think of the slave trade. The trade...
Staying in Africa, we continue to explore the work of Karin Pallaver, who on behalf of the British Museum has researched the 19th century extensive use of glass beads on caravan routes stretching from the east coast of modern day Tanzania, to the large lakes in the country's western interior.
Some interesting findings on money in pre-colonial West Africa are described and summarized by Laurence Garenne-Marot, whose work is now published by the British Museum for anyone to read. He uses translated writings of ancient scholars as well as specific archaeological evidence to piece together parts of the complex value protocols of...
TL;DR. Ecology:2. Technology:3. Decentralization:2. Valuation:2. Rating:2/10
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Setting aside all the evidence of this being a scam, it might anyway be educational to map the other worsening fundamentals of the Xtrabytes project as well. Let's start with what occurred in the ecosystem these last months. The initial review period started with more patent filing updates by Xtrabytes Ltd. 2018 then ended with what seemed to be ...
TL;DR. Ecology:- (2). Technology:- (2). Decentralization:- (1). Valuation:- (3). Rating:1/10. Scam. (2/10)
TL;DR. Ecology:3 (3). Technology:6 (6). Decentralization:5 (5). Valuation:8 (8). Rating:6/10 (6/10)
TL;DR. Ecology:3. Technology:2. Decentralization:2. Valuation:3. Rating:2/10
TL;DR. Ecology:- (-). Technology:- (-). Decentralization:- (-). Valuation:- (-). Rating:1/10. Scam (1/10. Scam.)
TL;DR. Ecology:3 (2). Technology:3 (3). Decentralization:3 (2). Valuation:3 (3). Rating:3/10 (3/10)
TL;DR. Ecology:3 (2). Technology:5 (5). Decentralization:3 (4). Valuation:6 (7). Rating:4/10 (5/10)
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TL;DR. Ecology:5. Technology:8. Decentralization:5. Valuation:6. Rating:6/10
TL;DR. Ecology:-. Technology:-. Decentralization:-. Valuation:-. Rating:1/10. Scam.
TL;DR. Ecology:6. Technology:7. Decentralization:6. Valuation:6. Rating:6/10
TL;DR. Ecology:5 (5). Technology:5 (6). Decentralization:5 (5). Valuation:5 (7). Rating:5/10 (6/10)