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I confess I am a technologist by profession, so naturally, I was interested in Bitcoin when it released in 2009.

MOUNTAIN AMERICA CREDIT UNION HOW TO

However, those innovations shouldn’t require the user to learn how to understand something that feels as abstract as the abacus did to me-it should feel familiar and secure. And when it doesn’t, there may be a lot at stake! Unlike the abacus, the technology behind digital assets is enabling new innovations that are important for local communities and individuals. Usually, it works just fine-except when it doesn’t. Those who have used cryptocurrencies or other digital assets like NFTs can likely relate to how I felt about the abacus. I will admit, we had no idea how to read an abacus, so we just nodded and handed them the number of paper bills we felt approximated the value of what we were buying. They would flip through the abacus with lightning speed and show us the resulting price. During our travels, we transacted with vendors using abacuses in the streets or at train stations. Many of China’s towns and villages were being torn down and rebuilt, and we wanted to see them before much of their history was lost. In the early 2000s, my wife and I backpacked through the Sichuan province in China to Lhasa, Tibet.

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