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RE: "Where Does The Money Come From?" 💰💰💰 What Non-Crypto People Can Teach Us About 'The Value Of Steem'

in #money7 years ago

Wow... brilliant!

As an aside, Barbara Sher does have a lot of wisdom.

Seriously, though, this is one of the best pieces you've written! This gets down to the heart of what we're doing here on Steemit... and what it is we actually need to be telling people. This is a new way of trust, not just "a blog" and "some money."

And you're absolutely right-- most people have NO idea what "money" really is... in a sense, I am reminded of some of my childhood in Kenya where (in the late 1960's) quite a few of the local people still used "Cowries" (small seashells) as money... it was both fascinating, but also made total sense to my 8-year old brain. My parents, on the other hand, described those people as "primitives."

But WHY? They had a trust based system of trade they had more faith in than Kenyan Shilling.

Anyway, resteeming and sharing! This is also a particularly relevant article in the context of Steemit just having been featured in Wired Magazine... lots of new blood heading this way, I'm going to guess.

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Thanks for your great compliment, @denmarkguy! I feel very honored :-)

I am reminded of some of my childhood in Kenya where (in the late 1960's) quite a few of the local people still used "Cowries" (small seashells) as money...

Nice insight. Actually there is nothing wrong with seashells. In the future they might be called "SeaTokens" but the concept would still be the same. Plus: these local people you are talking about might be more trustworthy than any other banker...:-)

They had a trust based system of trade they had more faith in than Kenyan Shilling.

This!

The feature in the Wired Magazine is oustanding! News like these are fuel to steemit's wings. We definitely need more of that!

Again thanks for your valuable thoughts, as you know I always appreciate your comments a LOT!

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