The concept of money has been a cornerstone of human society for centuries, facilitating trade, commerce, and innovation. However, the centralized control of money has led to a concentration of power, which has far-reaching consequences for individuals, communities, and nations. The regulation of money has become increasingly politicized, resulting in a system that serves the […]
For centuries it has been privileged knowledge that whoever controls the people’s means of exchange, controls the people. Luckily, that power dynamic is being challenged by an open-source math equation known as Bitcoin. For the first time in the modern history, the power over centrally issued money and physical control over money is being shifted […]
The United States of America, a country founded on the principles of democracy and freedom, has devolved into a system where corruption and greed reign supreme. The current political system is broken, and it’s not hard to see why. The influence of money in politics has created a culture of corruption, where politicians are more […]
Physical money like coins have been a staple of monetary systems since metals have been being forged. One of the reasons why coins have been the basis of such great money systems is because coins cannot be printed into existence on a whim. It requires lots of work to produce coins which is exactly what […]
One of the most common misconceptions that I hear in the bitcoin space is that “If you don’t spend your bitcoins, then it will never reach mainstream adoption”. While it’s good to use your bitcoins as a medium of exchange, the only way that mainstream adoption will ever be possible is if someone else first […]
The internet is a global economy that transcends nation states and political borders. PayPal, Square and other FinTech companies have enabled entrepreneurs around the world to transact business electronically but these services along with all other payment networks are centrally operated and subject to countless laws across a multitude of jurisdictions. What the internet needs […]
What is money? Lots of people have confidently told me that “money is the root of all evil” yet when I ask them what money is, they can’t seem to come up with an answer. Why is it that so many people seem to think that money is innately evil? Why doesn’t anyone understand what […]
Bitcoin has been dismissed by economists, news agencies, banks, politicians and countless other skeptics around the world as a Ponzi scheme, a joke, “fake money” and more. But what they all fail to realize is that bitcoin is just an open-source software that doesn’t care what they think. It is the most influential math experiment […]
In our hyper-connected tech world we have probably all heard a number of buzzwords that are related to cybercrime. Identity theft, ransomware, hacks, leaks, fraud, viruses, phishing, forgery, malware and spam are all terms that we either hear on the news or the latest primetime tv drama and that is because cybercrime is evolving at […]
Since it’s inception back in 2009, one Bitcoin has gone from being worth absolutely nothing to being worth 1/10,000 of a pizza to achieving parity with the US dollar and reaching an all-time high of $1,271 (which at the time was worth more than one troy ounce of gold – $1,201.91). It is the limited […]