1835, Monroe Michigan. A lack of small change was so acute that William Wells Brown was able to create paper money from nothing, and the community utilized it. Sufficiently premined for himself of course.
Divisibility problem of Specie in action.
Bitcoin fixes this.
Read:
“Bank Notes and Shinplasters: The Rage for Paper Money in the Early Republic” Joshua R. Greenberg
ScottyB / Old Hickory
npub1ea…0mt6v
2025-03-19 22:51:53
Author Public Key
npub1eaxs4jrw0rumk055fex9s30fe4gkuvf2mc3c4vm9cytfw38ld5ns50mt6vPublished at
2025-03-19 22:51:53Event JSON
{
"id": "ee6e7933f9f7e4d21788cfd6431124526731fc6432403b88155b757893145d4c",
"pubkey": "cf4d0ac86e78f9bb3e944e4c5845e9cd516e312ade238ab365c1169744ff6d27",
"created_at": 1742424713,
"kind": 1,
"tags": [],
"content": "1835, Monroe Michigan. A lack of small change was so acute that William Wells Brown was able to create paper money from nothing, and the community utilized it. Sufficiently premined for himself of course. \n\nDivisibility problem of Specie in action. \n\nBitcoin fixes this. \n\nRead: \n“Bank Notes and Shinplasters: The Rage for Paper Money in the Early Republic” Joshua R. Greenberg ",
"sig": "359fbac803191e4ffc123917b075aebd22c1174d181d8bd25e14458100c3b3fab06ad34f770e801b3a1506d400b61a43f34e1abbed921846b1e6beaa9d714cd8"
}