"To discover to the world something which deeply concerns it, and of which it was previously ignorant; to prove to it that it had been mistaken on some vital point of temporal or spiritual interest, is as important a service as a human being can render to his fellow creatures..."
John Stuart Mill, "On Liberty"
Saturday, April 12, 2014
Money is not what you think it is
Few things are more ubiquitous than money. Yet what seems so simple, can often become so complex. Money is far more than just the notes and coins we carry in our pockets. It’s part of a complex system of debits and credits and clearing. Just look at the workings of Bitcoin and you start to see how those notes and coins are really just tokens and symbols that represent a much larger and more complex world of money.