The 4000 Year Old System Still Ruling the World

This is one THE wildest connections ever.

For nearly 6 months now, the Strait of Hormuz, one of the most important waterways on Earth was basically shut down. Not because of bombs. Not because it was blocked. Because of a piece of paper. Something every person watching has: insurance.

Here’s the part that blew my mind: this is exactly how insurance was invented in the first place 4,000 years ago just a few hundred miles away from the Strait of Hormuz!

Ancient Babylonian merchants watched th