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  • Lex Pedersen thinks this is interesting:

Data as a currency is nothing and this is why people try to rob banks online instead of in branches, because online is where the money is. The money is in the data. This is why data is the new money. This is nothing new as historically we have often migrated value and meaning from different objects as our means of trade.

In early civilisations, seashells and beads were key currencies, with the Yap Islands being a great example of such exchange. On these islands, large stones are viewed as the sign of wealth. But no substance was valued more than salt in olden times.

Salt is something we liberally sprinkle over food—because industrial processing allows us to ...


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