2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: maceng2 who wrote (177435)	8/29/2021 9:52:39 PM
From: sense	Read Replies (1) of 217591

This link put's us "on topic" as it were. Straight back to gold and crypto. My prior post on banking history... is relevant in relation to the emergence in Europe of corporate identity... Gold, obviously, long predates the inception of the enlightenment. Gold and silver and copper in the local increments and forms... were about all that civilized local people knew as money. And before that... you're looking at shells, or teeth, pretty stones, shiny things... things with utility... or giant round stones with holes cut in them... being used as money. Maybe markings made in clay long predate the European emergence from the dark ages... and before that... who knows... as civilization is older than history. But, the foundations of fiat were already present... in the role that contracts played in the period of the Medici... if the use was limited to the class of bankers and wealthy merchants. I'm often a critic of others who approach history as if everyone now dead was stupid... and everything relevant is "new" within the lifetime of the living. I don't intend to suggest money and commerce are that... new ? But, things have changed... I think the best intro to understand all of that... and how to see it... is found in Fernand Braudel... particularly "Capitalism" and each of its three volumes...each essential to understanding the modern world. But crypto ? It doesn't predate gold and silver in the origin of its ideas.... But, the origin in its ideas are essentially the same ideas as those that created modern banking... And for that... the innovations introduced by the Templars are worth considering as "the same thing" as what motivates crypto advocates today... as the problems the Templars had to solve are almost no different than those faced by people today ? I don't have as handy a reference to provide... but...maybe ask Siri why the Templars changed banking ?

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