Paper is a technology.
The cursive systems of signs we scribble on it are a technology.
And paper money is a technology: a literate one designed centuries ago to facilitate trade.
Nearly a billion adults are illiterate today.Most do not live near literate institutions. We judge them lazy or stupid because they don’t use calendars, and don’t remember simple numeracy practices.
But cash is a literate technology.
Literate institutions like banks, pawnbrokers [Continue Reading…]