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I said *non*-governmental. :-)
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Issued by John Jordan, a mercer in the seaport town of Gosport. Est. 25,000 struck.pic.twitter.com/XyAKU8sRY2
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"Ten Kronor redeemable for one gold coin" I am guessing that is the reason why the 10 SEK coin is the only one will gold color still to this day in Sweden. Very cool.pic.twitter.com/tpOpqVI08r
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Nick would competing banks 'redeem' each others notes i.e. give face value for them and remove from circulation, or would they merely exchange them at a discount, and route them towards the issuing bank?
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#WeekendReading Thank you Sir. Always enjoy reading your work.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thank you - Agreed. Andrew Carnegie shared your perspective in his Essay written in 1891 "The ABC of Money" https://archive.org/details/jstor-25102198 …pic.twitter.com/wmzU9Xj8OQ
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Your stuff (highly intellectual term for your written work, don't you think?) is always just so darn good (yep, and there's my erudite analysis!). Seriously,
@NickSzabo4 , always enlightening and engaging--thank you! -
Nick is enlightening since Extropy. Thank you
@NickSzabo4pic.twitter.com/ttlZMbTnzT
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Thank you for debunking currency myths
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The best explanation of our current system of money creation comes from the Bank of England:https://twitter.com/RobinHJustice/status/950342660157595649 …
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"Value me as you pleas" by Higley in 1737. The first US copper coin.pic.twitter.com/JRSVCXYIIY
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Nick is a legend. Has protection from legends. Now time to destroy target legend
pic.twitter.com/F6IONP1hNy
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