Sublime

Abe calls God “the LORD who provides.”

One of Hamilton’s first decisions as secretary of the Treasury was to ask Congress to establish America’s creditworthiness in the eyes of American and foreign creditors by taking over the debt of the states.

Programmable securities, money streaming, and a global buyer of energy of last resort are tremendously exciting. Their growing promise is evidence that Bitcoin is, “not just a digital rock,” to cite an expression frequently utilized by Elizabeth Stark.

That armor was as strong as ever. The Coinage Act of 1873 pleased bondholders and bankers, the well-to-do, by making gold the monetary standard, completely eliminating silver as a standard. But farmers and working people, debtors of all types—“those who labor under all the hardships of life,” in Madison’s words—were infuriated by the “Crime of ’73,

“Money has been the oil that has kept the wheels of society turning and allowed the complexity of our present civilization to develop, but credit, the centralized creation of money, interest, and particularly compound interest, have seriously destabilized the relationship between money and the goods and services, or wealth, it originally represente