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Striking bells for particular schedules had poor social scalability: the more people with different schedules in a city, the greater the cacophony. Striking the time greatly increased the temporal coordination in a city: socially scalable schedules. http://www.fon.hum.uva.nl/rob/Courses/InformationInSpeech/CDROM/Literature/LOTwinterschool2006/szabo.best.vwh.net/synch.html …
"Public mechanical clocks...striking each hour...allowed for a separation of duties between time-keeping and the planning or scheduling of specific events. This 'level of indirection' allowed for an explosion of diversity in the daily schedule..." http://www.fon.hum.uva.nl/rob/Courses/InformationInSpeech/CDROM/Literature/LOTwinterschool2006/szabo.best.vwh.net/synch.html …
The idea of multiple money's being used simultaneously in the one economy is as absurd as multiple time zones / systems being used by different people within the same city. They are both examples of 'winner takes all' systems.
So... Public Clocks created a Timekeeping Standard that enabled Decentralized Scheduling?
I used to easily know when it was time to eat.
I have an idea wandering for a long time: Network Time Protocol (NTP) on cellphones and mobile devices are contributing to social scalable schedules at unprecedented evels, also mined blocks timestamp is the most notable too in economic terms.
Next we need a tool for objectively measuring value creation.
And then, The invention of the watch... Or in bitcoin terms: Smart phone with a Lightning wallet that's tied into their full node running at home, that's so easy a 3yr old can use it. ^_^
Your post reminded me of a saying in software -"a level of indirection solves all problems" :)
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