Gold Bar Fewest Cut

A worker is to perform work for you for seven straight days. In return for his work, you will pay him 1/7th of a bar of gold per day. The worker requires a daily payment of 1/7th of the bar of gold. What and where are the fewest number of cuts to the bar of gold that will allow you to pay him 1/7th each day?




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A number with an interesting property:

When I divide it by 2, the remainder is 1.
When I divide it by 3, the remainder is 2.
When I divide it by 4, the remainder is 3.
When I divide it by 5, the remainder is 4.
When I divide it by 6, the remainder is 5.
When I divide it by 7, the remainder is 6.
When I divide it by 8, the remainder is 7.
When I divide it by 9, the remainder is 8.
When I divide it by 10, the remainder is 9.

It's not a small number, but it's not really big, either.
When I looked for a smaller number with this property I couldn't find one.

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In 2007, a puzzle was released and $2 million prizes were offered for the first complete solution. The competition ended at noon on 31 December 2010, with no solution being found. Wiki