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Title: Is bitcoin a digital tally stick? Post by: Whtwabbit on January 10, 2014, 03:48:52 AM 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 Title: Re: Is bitcoin a digital tally stick? Post by: ning on January 10, 2014, 07:26:12 AM 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 ;)
Title: Re: Is bitcoin a digital tally stick? Post by: freedomno1 on January 10, 2014, 07:32:20 AM 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 Title: Re: Is bitcoin a digital tally stick? Post by: Anon136 on January 10, 2014, 07:36:36 AM Tally stick was not an emergent phenomena. As i understand it tally sticks were fiat money.
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