Author

Topic: Is bitcoin a digital tally stick? (Read 659 times)

legendary
Activity: 1722
Merit: 1217
January 10, 2014, 02:36:36 AM
#4
Tally stick was not an emergent phenomena. As i understand it tally sticks were fiat money.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
January 10, 2014, 02:32:20 AM
#3
Oddly enough that tally system worked incredibly well until the era of Centralized Banking
(There are quite a few videos on that topic actually)
Good old Money Masters is an example
http://www.youtube.com/watch?v=iDtBSiI13fE
http://www.xat.org/xat/moneyhistory.html
full member
Activity: 173
Merit: 100
January 10, 2014, 02:26:12 AM
#2
Interesting thoughts, but it's likely to be a coincidence. We humans have the tendency to associate similar things. Another example is that the fractal structures can be observed all over the universe -- the mountains, the trees and human nerve systems etc. But we cannot simply conclude that one was inspired by another Wink
sr. member
Activity: 490
Merit: 266
January 09, 2014, 10:48:52 PM
#1
Just been reading "Web of Debt"

Tally sticks were invented by the son of William the Conquerer, a type of debt free money
used for hundreds of years until they were detroyed (by parliment) around the time of the
Bank of Englands creation

The stock is like the blockchain and the "Short end of the stick" your private keys

I wonder if this is where the original Bitcoin idea came from, they are very similar
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