
The word “bankrupt” comes from Italian banca rotta, which means: “broken bench.”
In renaissance Florence, money lenders worked on wooden tables in the marketplace.
When a money lender ran out of money, that bench would be broken. Hence, “banca rotta.”
You see a broken bench in the streets of Florence, you knew the lender has no money.
Today, bankrupty often involves abstract legal entities filing a collection of forms.
Five centuries:
Literal to abstract.
Atoms to bits.
Physical books to ebooks.
Bank notes to cryptocurrencies.
In class learning to at home e-learning.
Stuck in traffic to work to working from home.