Debt: The First Five Thousand Years Anthropologist David Graeber argues that it is only with a general historical understanding of debt and its relationship to violence that we can begin to appreciate our emerging epoch. Here he begins to fill in our historical knowledge gap What follows is a fragment of a much larger project of research on debt and debt money in human history. The first and overwhelming conclusion of this project is that in studying economic history, we tend to systematically ignore the role of violence, the absolutely central role of war and slavery in creating and shaping the basic institutions of what we now call ‘the economy'. What's more, origins matter. The violence may be invisible, but it remains inscribed in the very logic of our economic common sense, in the apparently self-evident nature of institutions that simply would never and could never exist outside of the monopoly of violence - but also, the systematic threat of violence - maintained by the contemporary state.
ecash In the United States, only one bank implemented ecash, the Mark Twain bank and the system was dissolved in 1997 after the bank was purchased by Mercantile Bank, a large issuer of credit cards. Similar to credit cards, the system was free to purchasers, while merchants paid a transaction fee. In Australia ecash was implemented by St.George Bank, but the transactions were not free to purchasers. In June 1998, ecash became available through Credit Suisse in Switzerland. It was also available from Deutsche Bank in Germany, Bank Austria, Finland's Merita Bank/EUnet, Sweden's Posten, and Den norske Bank of Norway. "ecash" was a trademark of DigiCash, which went bankrupt in 1998, and was sold to eCash Technologies, which was acquired by InfoSpace in 2002, currently know as Blucora.
Foster Gamble « Thrive Debunked By SlayerX3 One of the central passages of Thrive is a section often referred to as “Follow the Money,” which Thrive fans treat as some sort of slogan. This section contains Foster Gamble and others’ views on fractional reserve banking, the Federal Reserve, the economic crisis, and conspiracy theories related to these. Resource-based Economy = allocating resources as a utility, without money URL = 1. Bitcoin, Explained Read on for the rest of our primer, or jump to these recent updates: Winklevoss twins revealed to have millions of dollars in Bitcoins What is a Bitcoin? How did you pay for your coffee this morning, by cash? By credit card? Operation Icarus : Will Anonymous shut down the NYSE (New York Stock Exchange) ? ~ THN : The Hacker News Operation Icarus : Will Anonymous shut down the NYSE (New York Stock Exchange) ? Anonymous Hackers starts Operation Icarus , They Release a Press Release Regarding This, as Posted Below : Operation Icarus
Manufacturing Consent: Noam Chomsky and the Media Manufacturing Consent: Noam Chomsky and the Media (1992) is a documentary film that explores the political life and ideas of Noam Chomsky, a linguist, intellectual, and political activist. Created by two Canadian filmmakers, Mark Achbar and Peter Wintonick, it expands on the ideas of Chomsky's earlier book, Manufacturing Consent: The Political Economy of the Mass Media, which he co-wrote with Edward S. Herman. Seigneurage Monetary reform approaches are often related to changes in the system of seigneurage, i.e. monopolies on the right to issue money. Reforming the system: abolishing seigneurage URL = Seigneurage is the privilege of commercial banks to create money.
The Antisocial Network of Bitcoins The economic significance of this roller coaster was basically nil. But the furor over bitcoin was a useful lesson in the ways people misunderstand money — and in particular how they are misled by the desire to divorce the value of money from the society it serves. What is bitcoin? It’s sometimes described as a way to make transactions online — but that in itself would be nothing new in a world of online credit-card and PayPal transactions. In fact, the Commerce Department estimates that by 2010 about 16 percent of total sales in America already took the form of e-commerce. So how is bitcoin different?
15 Most Impenetrable Bank Vaults - Silver Vaults, Gold Vaults Even Ethan Hunt couldn’t crack these… Bank heists are extremely difficult to pull off, no matter what Hollywood might have us believe. Some vaults are so secure that robbers have heart attacks even thinking about breaking in. With that in mind, check out these 15 Most Impenetrable Bank Vaults from recent history and see to what extremes countries (and some private companies) will go to keep the deposits and valuables of their clientele absolutely protected.