When Bitcoin Grows Up
John Lanchester: What is Money?, 21 April 2016
“... about the nature of money, 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 ... ”