barter
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On trust and money.
In economics textbooks, the origin of money is often described as a replacement for barter. Silly examples are given: if you raise cows and need a hammer, you have to find someone who has an extra hammer and specifically wants cows. You might travel all across town with a cow in tow, searching for someone…
addiction, barter, Braiding Sweetgrass, Buterin, community, consumption, cryptocurrency, currency, Ethereum, Frank Bidard, gift economics, Hernan Diaz, hoarding, late fees, Magic the Gathering, monetary exchange, money, money versus barter, non-disclosure agreement, origin of money, overconsumption, Price of Crypto, promise, reparations, resource transfer, Robin Wall Kimmerer, social contract, social network, Third Hour of the Night, tragedy of the commons, Trevor Jackson, trust, Trust novel, vampire bats, wealth, Windigo, Windigo economics
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On the Silk Road, Nick Bilton’s ‘American Kingpin,’ and the difference between being clever and being wise.
If someone is clever enough to build a billion-dollar website, should that person also get to decide who lives or dies?
addiction, American Kingpin, anarchist, anarchy, barter, clever, commissary, Dread Pirate Roberts, FBI, H, heroin, honey buns, intelligence, jail, jail bartering, jail economy, kinesthetic learners, libertarian, libertarianism, Nick Bilton, opiates, prison, property rights, Ross Ulbricht, spoons, The Silk Road, types of intelligence, Ulbricht, Variety Jones, violence, War on Drugs, wisdom, withdrawal
Frank Brown Cloud 