US Central Bank Blamed for 2020 Financial Crash: ‘The Fed Is Lawless Economic Government Unto Itself’

US Central Bank Blamed for 2020 Financial Crash: 'The Fed Is Lawless Economic Government Unto Itself'The last two months dealing with the coronavirus outbreak have been strange, to say the least, and as data rolls in more people are becoming aware that there was quite a bit of overreaction from politicians, the media, and medical professionals. A small number of people are starting to focus on the economic situation and […]

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Hundreds of Darknet Listings Are Selling Masks and PPE Products for Bitcoin

According to a recent research report written by the blockchain surveillance firm Elliptic, there’s been a massive influx of darknet market (DNM) vendors selling personal protective equipment (PPE) like masks and coronavirus test kits. The spike in medical equipment sales on the invisible web during the month of March, follows Ebay and Amazon’s decision to […]

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How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise

How Fiat Money Fails: An Overview of Government's Paper-Thin PromiseFiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling out acts of god and unforeseen circumstance, the […]

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Is Bitcoin Money? Revisiting Mises’ Regression Theorem

Is Bitcoin Money? - Revisiting Mises' Regression TheoremOver 100 years after the publication of Austrian economist Ludwig von Mises’ “The Theory of Money and Credit,” the ideas outlined therein are still sparking hot debate. Namely, what is known as Mises’ Regression Theorem, which claims that in order for something to be money in the most proper sense, it must be traceable to […]

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Our Value of Money Is Subjective But That Doesn’t Make It Meaningless

Why People Value Money and How Ends Are Not Set ArbitrarilyIn my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot serve as a store of […]

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Our Value of Money Is Subjective But That Doesn’t Make It Meaningless

Why People Value Money and How Ends Are Not Set ArbitrarilyIn my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot serve as a store of […]

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Putting an End to the Bitcoin Store of Value Fallacy

Over the last few years, many have claimed that bitcoin core (BTC) has turned into, or will soon become, a store of value (SoV). Proponents of the BTC-based SoV theory seem to think that money can somehow store value and if it’s held long enough, the price will be higher or predictably useful when spent […]

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