Monday, May 3, 2021

"Robinson Crusoe on the fundamental value of Bitcoin"

From the Twitter feed of David Andolfatto, Senior Vice-President of the Federal Reserve Bank of St. Louis:

Keeping in mind that the book was published in April 1719 and that from 1685 through the South Sea Bubble (1720) Defoe was in the thick of the commercial, trading, and insurance scenes around Cornhill, this may be considered a sophisticate's opinion.

From a 2013 post, a map of the 'hood:

"The Lost World of the London Coffeehouse" 
...Here are the main establishments frequented by the stockjobbers and other denizens:


Jonathan's, The Jerusalem, Lloyd's and Garroway's are among the more famous of the coffee houses where trade was done.
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