Boston Celtics become first team in NBA history to shoot zero free throws in a game during bizarre loss to Milwaukee Bucks | CNN
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Boston Celtics become first team in NBA history to shoot zero free throws in a game during bizarre loss to Milwaukee Bucks | CNN
We did not begin with barter, discover money, and then eventually develop credit systems. It happened precisely the other way around. What we now call virtual money came first. Coins came much later, and their use spread only unevenly, never completely replacing credit systems. Barter, in turn, appears to be largely a kind of accidental byproduct o
... See moreDavid Graeber • Debt: The First 5,000 Years,Updated and Expanded
The term hot hand refers to the belief that success breeds success. We tend to believe that if a basketball player has made one shot, he is more likely to make the next one.
Michael J. Mauboussin • Think Twice: Harnessing the Power of Counterintuition
Bitcoin is a digital currency, so it’s intangible, and it’s (in theory) middleman-free because it doesn’t rely on a bank or other institution to keep track of people’s money balances. Instead, Bitcoin relies on a network of computers around the world to keep a shared log, or ledger, of every past payment. This “shared public ledger,” as it’s known,... See more
