There was a time when I had 2K+ RSS subscriptions in my feed reader. One art piece I created even had its own RSS feed you could subscribe to—it shared what I bought with my bank card and predictions of what I might buy that day.
burak-arikan.com/mypocket/
Came to Buenos Aires for Avalanche Summit and blockchain tech, stayed for the nature and history, connecting colonialism to central banking.
Flew over Rio de la Plata to the stunning Iguazu. Mucho mariposa! 🦋🌳🌊
On the way, I learned how, in the 16th and 17th centuries, Spain’s extraction of silver and gold from Latin America, exploiting native labor, expanded state credit. Genoese bankers lent money to monarchs against future metal shipments. This evolved into systems where government debt was structured as tradable assets, leading to bond markets, early public debt management, and central banking functions like government debt and currency management.
Arrived in Buenos Aires 🇦🇷 for Avalanche Summit LATAM! Join me tomorrow if you are interested in growing and making your L1 chain resilient:
Thu, Oct 17 at Blanco Stage:
📍 15:40 PM - Valtz: Validation Futures for Sovereign Blockchains
5,000 years ago in Mesopotamia, you could deposit your grain in a secure storage facility and receive a grain token, while I could do the same with my wine. Then, in the marketplace, we would simply exchange these tokens, which could be redeemed for the actual goods in storage, settling our debt. This is how money worked in Sumerian towns as they began trading their agricultural surplus, initially using clay tokens for counting, then for accounting, and eventually for administration.
These tokens were made of clay and often stored in clay envelopes for safekeeping. The contents of the envelope were recorded on clay tablets before sealing for additional security. This practice was, in fact, an early form of double-entry bookkeeping.
Credit money, based on trust between local community members or a network of traders, has been widely used for centuries in various forms such as certificates of debt, vouchers, notes, cheques, bills of exchange, and mutual credit across regions from Asia to Mesopotamia to Europe. Whereas, outside of the community, when trading with strangers, a different form of money was necessary.
Read more 👇
Reading The Origins of Modern Bureaucracy, a section in @thejaymo%E2%80%99s research “World Running”. ✨🐋📞docs.google.com/document/d/1XRm39aH8APXVqjzKYptz7-NQ-3AAXNVrgcjm9oBMOec/mobilebasic
Dropping 5 sketches for a multi-layer data-network collage map. Open edition for 7 days. Selected from various interactions with Midjourney v4 in December 2022. <<< Sketch 5 >>> fin
Dropping 5 sketches for a multi-layer data-network collage map. Open edition for 7 days. Selected from various interactions with Midjourney v4 in December 2022. <<< Sketch 4 >>>
Dropping 5 sketches for a multi-layer data-network collage map. Open edition for 7 days. Selected from various interactions with Midjourney v4 in December 2022. <<< Sketch 3 >>>
Dropping 5 sketches for a multi-layer data-network collage map. Open edition for 7 days. Selected from various interactions with Midjourney v4 in December 2022. <<< Sketch 2>>>
