Starting to read about the history of finance, and one thing is clear: virtually every feature of finance is very old and every possible phenomenon appeared almost instantly as soon as the context for it existed
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Oh and how could I forget: money and trade themselves seem to go back to prehistoric hunter-gatherer tribes
@NickSzabo4 https://nakamotoinstitute.org/shelling-out/Prikaži ovu nitHvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Curious, have you seen non-Abelian currencies anywhere? If I give you X dollars, then immediately after you give me Y dollars, it's the same as if we'd done it in reverse order. If you use a non-Abelian group, this is not true.
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Never heard of that, no. What brought that to mind?
- Još 7 drugih odgovora
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Wait until you read “a history of interest rates” by Homer and Sylla
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But the Yang Gang sez it has found free lunches in a new economic model, and we'll all be as rich as God in just a few years!
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Well, cum-ex trades probably weren’t carried out before the modern era, but interesting to see a lot of the main principles are so old. Great thread!
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