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This has an interesting tie to Nick Szabo's essays on "collectibles", which he paints as proto-money which coevolved with homo sapiens itself. There's more to
by samatman 6y ago
This has an interesting tie to Nick Szabo's essays on "collectibles", which he paints as proto-money which coevolved with homo sapiens itself.
There's more to be found at his blog (http://unenumerated.blogspot.com http://unenumerated.blogspot.com), this essay in particular is a good introduction:
https://nakamotoinstitute.org/shelling-out/ https://nakamotoinstitute.org/shelling-out/
- CryptoPunk 6y agoSzabo speculates that proto-money could have increased the human carrying capacity of the environment by up to 10X. It's enlightening to see money in this context: as a fundamental driver of economic coordination that raises total production.