Fiat

Fiat12

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Satoshi, D.N.C.

Redistribution of Wealth: Present and Future

The function of money is to change hands, but if it always changes hands in the same direction, eventually one party becomes poor and the other rich. A family that spends money also needs to earn money for its own economy, and this same principle applies on all scales: whole...

Bailey Jakob

From Seashells to Bitcoin: The Evolution of Money

Money, a medium of exchange that has facilitated trade and spurred economic development, has undergone multiple transformations throughout human history. From rudimentary forms of money like seashells to the technologically advanced and superior Bitcoin. The evolution of money throughout history is an intriguing story of human progress, societal needs, and...

Bailey Jakob

Satoshi's World: Hyperbitcoinization & the End of Fiat

The emergence of Bitcoin, the brainchild of the pseudonymous Satoshi Nakamoto, has sparked a financial revolution unlike any other in recent history. The rapid rise of Bitcoin adoption globally has led to the reality of the potential for hyperbitcoinization – a scenario where Bitcoin replaces traditional fiat currencies as the dominant...

Bailey Jakob

The Real Risks Of A Central Bank Digital Currency

Central Bank Digital Currency (CBDC) has been a topic of discussion among policymakers and economists in recent years. CBDCs are digital versions of traditional currencies issued and backed by a central bank. They are still in their early stages of development and are being considered as a possible alternative to...

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