X @Nick Szabo

RT Sama Hoole (@SamaHoole)Medieval England, wool was currency.Literally. You paid taxes in wool. Wool financed wars. It was known as the "jewel of the realm."The Woolsack in the House of Lords is stuffed with wool as a reminder that sheep built British wealth.Sheep grazed on hills nobody could farm. Produced renewable fiber annually. Required minimal inputs. Provided meat when needed. Built soil through grazing.The wealth came from converting marginal land into exportable goods.Now we're told sheep are envi ...