Cycling Hipsters, if you were truly worth your ironic sideburns and artisanal grease stains, you’d abandon that fixie and mount one of these bad boys. The Smithsonian honors National Bike Month with a dive into the image archives for this photo, the forerunner of the modern bicycle: a draisine from around 1818. More about this “dandy horse,” below.

In 1817, Karl Drais, a young inventor in Baden, Germany, designed and built a two-wheeled, wooden vehicle that was straddled and propelled by walking swiftly. Drais called it the laufmaschine or “running machine.”

A forester for the Grand Duke of Baden, Drais used his laufmaschine to inspect the Duke’s forest. The laufmaschine soon became a novelty among Europeans, who named it the “draisine.”

By 1818, the draisine craze reached the United States. Charles Wilson Peale, a well-known portrait artist, helped to popularize the draisine by displaying one in his museum in Philadelphia. Many American examples were made, and rentals and riding rinks became available in Eastern cities.

By 1820, the high cost of the vehicle, combined with its lack of practical value, limited its appeal and made it little more than an expensive toy. The two-wheeled vehicle would not become sustained until pedals were added in the late 1800s.

Donated to the Smithsonian in 1964, this draisine is the oldest cycle in its collection of 61 cycles. They reflect social trends and technological developments that have shaped the growth and popularity of riding since 1818.

Lots more wonderful old things like this in the Smithsonian’s exhibition, “America on the Move.” (thanks, Jessica Porter Sadeq)

This fine bit of analysis by Matthew Lynn for Bloomberg from January 2007 is worth a revisit, in light of Nokia’s and Motorola’s recent quarterly results:

The big competitors in the mobile-phone industry such as Nokia Oyj and Motorola Inc. won’t be whispering nervously into their clamshells over a new threat to their business.

The iPhone is nothing more than a luxury bauble that will appeal to a few gadget freaks. In terms of its impact on the industry, the iPhone is less relevant.

Motorola just posted an $86 million loss. Nokia lost $1.2 billion (with a “b”).