But even more revolutionary is the new wave of Calligricurrencies made possible by the groundbreaking science of calligraphology. Similar to the way Bitcoin transactions must be packed in a block that fits very strict cryptographic rules that will be verified by the p2p Bitcoin network, calligricurrency transactions involve a skilled calligraphist creating from scratch a unique block of 256 handwritten symbols, letters, and numbers which is verified at the point of transaction for its craftsmanship. If the recipient calligraphologist deems the block worthy enough to be accepted by the calligraphology community at large, he accepts it at face value.
Here is an example of one such block:
The calligricurreny craze has led to an unprecedented, astronomical shock in the demand for calligraphers around the globe. An unintended consequence is that many hobbyists no longer see their own calligraphology pursuits to be viable. "Calligraphology is dead," touts disillusioned part-time calligraphologist Robert Shortfeather. "I used to be able to print my own blocks and make a nice profit before the big guys started employing dedicated hand-writers to churn them out." And according to multiple other credible sources on the matter, such is exactly the case. As calligraphologists have begun to develop more efficient methods to generate blocks, their rigs have become more extravagant. Below is one such apparatus in which one calligraphology entrepreneur was able to harness the composition power of nearly 100kb/m, or 100,000 blocks per month:
Not unlike other p2p currencies, calligraphology has its skeptics. There are those who say simply cutting a piece of paper into smaller pieces of paper with a pair of scissors is not an acceptable way to make change. And still others who claim that the bubble will burst whence the demand for additional blocks causes the overall quality of blocks to fall, and then the good blocks will drive the bad blocks out of circulation.
Thankfully, I was able to arrange an interview with renowned calligraphologist Billiam Bigsworthy to clear the static. "Other p2p currencies preserve their worth and stability by capping the number of units that can ever be generated," he droned, twirling one of the handlebars of his mustache this way. "The nature of Calligraphology prevents the implementation of similar methods, but fortunately there is another mechanism in place. As more blocks are generated, the standard for acceptable blocks will steadily raise over time."
After a beat, I asked, "doesn't that mean the blocks that fail to meet the rising standard will no longer be accepted as tender?"
"Sure, but the paper it's printed on may still be burned for fuel."
Bigsworthy showed me his own collection of various calligricurrencies: a handful of Charles Dickoins, a couple Edgar Allen Pounds and a single Shakesphere.