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Privacy and Fungibility: The Forgotten Virtues of Sound Money
mises.org/mises-wire/privacy-and-fungibility-forgotten-virtues-sound-money
Long before the Blockchain Era, a landmark Scottish lawsuit posed a question that still echoes today: Can money carry memory—or must it forget? In 1748, Hew Crawfurd—a lawyer in Edinburgh—signed and recorded the serial numbers of two £20 notes before mailing them to a merchant in…
This story appeared on mises.org, 2025-07-05 10:07:10.965000.