When Bitcoin Grows Up
John Lanchester: What is Money?, 21 April 2016
“... we need to travel to the Pacific Ocean. In Micronesia, about 1800 miles north of the eastern corner of Australia, there’s a group of islands called Yap. It has a population of 11,000 and is largely unvisited except by divers, but it’s a very popular place with economists talking about the nature of money, starting with a fascinating paper by Milton ... ”