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    Author Topic: Standardization effort as a global phenomenon  (Read 761 times)
    TeslaUa (OP)
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    June 26, 2013, 09:09:04 AM
     #1

    I have seen BBC "Precision The Measure of All Things" series today.

    It told a history of humanity's gradual agreement on ways to measure fundamental thing: Time, Weight, Lenght etc. However the series never mentioned measuring value. Perhaps because it is subjective.

    But if a principle still can be applied we can see many parallels in what is going on with Bitcoin-related events. Back in 'ol days there were many local standards of weighs and cheating was rampant. It was so severe than death penalty were in law for everyone caught cheating.

    Just like a multitude of currencies and so-called monetary policy we have. Bitcoin steps in as a Meter, don't you think?
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