Economies then started using systems of representative money. This began with banks or gold merchants issuing redeemable receipts. They issued the receipts to collect commodity money that people had deposited. Eventually, people began accepting these receipts as currency that could be traded. Banknotes ...
How do you escape being in a situation like that? Chabris: Too good to be true, as Dan said, can mean different things to different people, but there are some signs that are pretty common for things that are too good to be true, or at least, that shouldn’t be believed. In the ...
It makes their flying less efficient.People are going to be bringing on a lot more carry-on bags, as they try to avoid checked bag fees. Currently Southwest checks more bags than anyone else – by a lot. Pushing bags into the cabin slows down boarding. ...
Not this this is about me… but Facebook took significant swipes at the activist world by limiting reach without paying for viewshare. Some people say that activist activity on Facebook is throttled down. I’m not so sure if that’s true, as it appears the reconfiguration of it effects e...
Larva Labs created the Punks and were free to anyone who paid the gas transaction fee, which at the time was pennies on the dollar. However, given their status as the first 10,000 mint count NFT collection of generative “profile picture” type art, CryptoPunks now have a floor value of...
Vinyl stood the test of time, but CDs didn't. Why is that? ✕Remove Ads Unique Sound:Many people find the sound of vinyl to be warmer, richer, and more authentic than the digital clarity of CDs. To many people, a CD sounds no different than streaming. So, if they’re going to ...
Free VPNs are free which means they have to depend on other sources of revenue to stay afloat. The obvious answer is collecting user data and selling it for pennies to advertisers. Some VPNs will display ads while others will collect data behind your back while claiming to be completely fre...
Why does ketchup clean pennies? Why is seed dispersal important in the life cycle of a plant? Why would celery shrivel up in a hypertonic solution? Why does the cotyledon stay underground? Why do cacti have sharp spines as leaves? Why is plant taxonomy important? Why is it possible to eas...
noticed a trend where a restaurant will 2, 3 or more people who will perform serving duties. One person might swing by to get your drink order, another gets your food order, a third brings the actual food, etc. What happens when one of the 3-4 people screws up but the others do ...
Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics. ===...