In this episode, we explore massachusetts as the american beta test. So in 1690, there was this group of just incredibly desperate colonists in New England. And they made this financial gamble that by all accounts should have completely destroyed them. Oh, absolutely. It was a completely reckless move. Right. Because they had just sent this huge military expedition up to conquer Quebec. And, well, the soldiers came back entirely defeated. And obviously, they were demanding their pay. Yeah, you really don't want a bunch of armed, angry, unpaid soldiers hanging around your colony. No, definitely not. But the problem was the colonial government's vault was just just completely empty. I mean, they had no gold, they had no silver, nothing. Zero hard currency. Exactly. So they did something that was, at the time, totally unprecedented. They decided to jus ...