(1) It was great: a sort of cryptographic cowrie shell for virtual fish.
(2) If one cowrie shell bought a fish, there wasn't any risk that some fisherman would try to corner the market and push the price of fish up in order to become rich.
(3) Cowrie shells were a 13th-century medium of exchange: they were a fairly effective currency at a time when there was no risk that people might hoard them in order to speculate on their value rising.
(4) It’s an old jetty in the city’s Ikoyi neighbourhood that sticks out into the still waters of Five Cowrie Creek, which separates Lagos Island from the Lekki Peninsula at its westernmost tip.
(5) Look out for "groatie-buckies", small cowrie shells often found here.
(6) But Bitcoin is just a bunch of people trading cryptographic cowrie shells - but now with internet-speed ability to see instantaneous prices, and with a burgeoning desire to spend it on "real" things.
Cowry
Definition:
(n.) A marine shell of the genus Cypraea.
Example Sentences:
(1) It was great: a sort of cryptographic cowrie shell for virtual fish.
(2) If one cowrie shell bought a fish, there wasn't any risk that some fisherman would try to corner the market and push the price of fish up in order to become rich.
(3) Cowrie shells were a 13th-century medium of exchange: they were a fairly effective currency at a time when there was no risk that people might hoard them in order to speculate on their value rising.
(4) It’s an old jetty in the city’s Ikoyi neighbourhood that sticks out into the still waters of Five Cowrie Creek, which separates Lagos Island from the Lekki Peninsula at its westernmost tip.
(5) Look out for "groatie-buckies", small cowrie shells often found here.
(6) But Bitcoin is just a bunch of people trading cryptographic cowrie shells - but now with internet-speed ability to see instantaneous prices, and with a burgeoning desire to spend it on "real" things.