this post was submitted on 30 Dec 2023
21 points (95.7% liked)

DRS Your GME

1228 readers
2 users here now

ΔΡΣ Central

Community to discuss the DRSGME.org project and resources, and how to spread DRS advocacy and information to GameStop investors around the world.

Have a great idea to spread the word? There are some resources here to get started!

https://www.drsgme.org/free-resources

founded 1 year ago
MODERATORS
21
Stock Origin (www.futilitycloset.com)
submitted 10 months ago* (last edited 10 months ago) by [email protected] to c/[email protected]
 

These notched sticks were more real than today's shorts.

"Until 1826, the British Royal Treasury recognized notched sticks as proof of payment. In a practice that had begun in medieval times, a debt would be recorded on a “tally stick,” and then the stick would be split lengthwise, with the shorter portion, the “foil,” given to the debtor and the longer portion, the “stock,” held by the creditor. Because the two halves of the stick could be matched together, this gave both parties a record of the deal, and the valuable stock could then be traded on a secondary market"

top 4 comments
sorted by: hot top controversial new old
[–] [email protected] 7 points 10 months ago (2 children)

it was decided to burn 600 years of accumulated tally sticks in a coal-fired stove in the House of Lords. A chimney fire resulted, destroying most of the Palace of Westminster.

[–] [email protected] 6 points 10 months ago

What a shame... yet comedy.

[–] [email protected] 5 points 10 months ago

Reminiscent of crypto in some way.

[–] [email protected] 1 points 10 months ago

I remember this