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2024-09-17 21:34:48

Eugenius on Nostr: In 1626, Peter Minuit’s acquisition of #Manhattan for trade goods valued at 60 ...

In 1626, Peter Minuit’s acquisition of #Manhattan for trade goods valued at 60 guilders—equivalent to roughly $1,150 today.
Native American tribes thought it was a temporary agreement and the land would be returned.
For the Dutch it was the best #investment in the world.
Absolute #scarcity matters! #bitcoin

The first European to set foot on this island and settle a community was Willem Verhulst from Antwerp, doing so in 1624.
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