Bitcoin Forum
April 19, 2019, 01:30:32 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Marco Polo writing on paper money  (Read 3653 times)
Stefan Thomas
Full Member
***
Offline Offline

Activity: 235
Merit: 100


AKA: Justmoon


View Profile WWW
February 21, 2013, 08:53:12 PM
 #1

Just came across this and I thought some people here might enjoy it.  Smiley

"How the Great Kaan Causeth the Bark of Trees, Made Into Something Like Paper, to Pass for Money All Over his Country"
http://en.wikisource.org/wiki/The_Travels_of_Marco_Polo/Book_2/Chapter_24

It's Marco Polo trying to explain paper money to contemporary Europeans. Cheesy

Here are some of my favorite excerpts:

Quote
The Emperor's Mint then is in this same City of Cambaluc, and the way it is wrought is such that you might say he hath the Secret of Alchemy in perfection, and you would be right!

Fiat money is "alchemy in perfection"!

Quote
And the Kaan causes every year to be made such a vast quantity of this money, which costs him nothing, that it must equal in amount all the treasure in the world.

And the Great Ben causes every year to be made such a vast quantity of this money ...

Quote
And all the while they are so light that ten bezants' worth does not weigh one golden bezant.

How convenient!

Quote
Now you have heard the ways and means whereby the Great Kaan may have, and in fact has, more treasure than all the Kings in the World; and you know all about it and the reason why.

And the idea caught on!

Twitter: @justmoon
PGP: D16E 7B04 42B9 F02E 0660  C094 C947 3700 A4B0 8BF3
1555637432
Hero Member
*
Offline Offline

Posts: 1555637432

View Profile Personal Message (Offline)

Ignore
1555637432
Reply with quote  #2

1555637432
Report to moderator
1555637432
Hero Member
*
Offline Offline

Posts: 1555637432

View Profile Personal Message (Offline)

Ignore
1555637432
Reply with quote  #2

1555637432
Report to moderator
1555637432
Hero Member
*
Offline Offline

Posts: 1555637432

View Profile Personal Message (Offline)

Ignore
1555637432
Reply with quote  #2

1555637432
Report to moderator
100% New Software
PC, Mac, Android, & HTML5 Clients
Krill Rakeback
Low Rake
Bitcoin Poker 3.0
Bad Beat Jackpot
SwC Poker Relaunch
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1555637432
Hero Member
*
Offline Offline

Posts: 1555637432

View Profile Personal Message (Offline)

Ignore
1555637432
Reply with quote  #2

1555637432
Report to moderator
Severian
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
February 21, 2013, 08:59:19 PM
 #2

Great link. Paper invented and pushed by a plunderer? Say it ain't so.  Wink

Quote
Fiat money is "alchemy in perfection"!

In part, Issac Newton was put in charge of the mint because people though he was an alchemist and could change lead into gold.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!