Bitcoin to Chiemgauer Prose in homage to tender forms

WASHINGTON, August 10, 2015 – Sunday afternoon, after a sturdy meal topped off with a hunk of apple pie the size of Guam, I tilted back in my recliner to peruse the news on my trusty laptop. Just as my eyelids began to make their final descent I was jolted out of my approaching postprandial coma by a story in the New York Times:

LONDON — Though paper money here typically bears the visage of Queen Elizabeth, the Brixton district of the city last month released a new 5-pound note designed by Jeremy Deller, an artist who won the prestigious Turner Prize in 2004. It features a fuzzy, psychedelic image of an androgynous face surrounded by rainbow clouds and coruscating, swirling etchings. 

So British private citizens are printing their own money harum-scarum, I thought to myself in disgust. It figures.

The SEC and the fiction of fiat money

But my smug attitude was soon shattered as I finished the post.

Right here in the good ol’ USA, in the region of Great Barrington, Mass, solid citizens are using funny money called BerkShares to purchase everything from bandoline to bumbo.

The article took great pains in listing all the

Read more ... source: Bitcoin Warrior