Financial Cryptography

Edgar Rice Burroughs on Complementary Currency

Hasan finds Gutenberg's copy of "A PRINCESS OF MARS," (1917):

"The brothers had supplied me with a reddish oil with which I anointed my entire body and one of them cut my hair, which had grown quite long, in the prevailing fashion of the time, square at the back and banged in front, so that I could have passed anywhere upon Barsoom as a full-fledged red Martian. My metal and ornaments were also renewed in the style of a Zodangan gentleman, attached to the house of Ptor, which was the family name of my benefactors.

"They filled a little sack at my side with Zodangan money. The medium of exchange upon Mars is not dissimilar from our own except that the coins are oval. Paper money is issued by individuals as they require it and redeemed twice yearly. If a man issues more than he can redeem, the government pays his creditors in full and the debtor works out the amount upon the farms or in mines, which are all owned by the government. This suits everybody except the debtor as it has been a difficult thing to obtain sufficient voluntary labor to work the great isolated farm lands of Mars, stretching as they do like narrow ribbons from pole to pole, through wild stretches peopled by wild animals and wilder men.

"When I mentioned my inability to repay them for their kindness to me they assured me that I would have ample opportunity if I lived long upon Barsoom, and bidding me farewell they watched me until I was out of sight upon the broad white turnpike."

How's that for dredging ;-)