Ayn Rand: Francisco d’Anconia’s Speech on Money

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who […]

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China’s Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital Controls

China's Government Fuels Stablecoin Economy: Hong Kong Protesters, Singapore and Mainland Residents Flee Capital ControlsA recent study published by Amun researcher, Eliézer Ndinga, shows that USD-pegged stablecoins are being leveraged in Hong Kong as “vehicles for capital control flight.” The report shows how individuals from mainland China, Singapore, and Hong Kong are moving their capital out of control by using these dollar-pegged blockchain tokens. Last week on June 9, […]

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Carl Menger: The Nature and Origin of Money

Carl Menger: The Nature and Origin of MoneyIn the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most obvious of these opportunities. In considering the goods he […]

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Cash Crisis: National Currencies Plunge in the Wake of Coronavirus

Cash Crisis: National Currencies Plunge up to 25% in the Wake of CoronavirusAnnouncing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets “in the amounts needed,” signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time.

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Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic

Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During PandemicTransferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people in many countries and cryptocurrency ATMs provide a way […]

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DCA – The ‘Boring,’ Sensible Bitcoin Investment That Could Double Your Money in 2.5 Years

DCA - The 'Boring,' Sensible Bitcoin Investment That Could Double Your Money in 2.5 YearsDollar Cost Averaging (DCA) as a crypto investment method may not be the most thrilling way to speculate on the bitcoin price, but it is one of the most level-headed, according to proponents. Using a simple online DCA calculator, one can choose a plan for buying small amounts of bitcoin at regular intervals. While the […]

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Wielding the Tools of Liberty: Exploring Wendy McElroy’s Latest Book ‘The Satoshi Revolution’

When Satoshi Nakamoto launched the Bitcoin network, not only was the protocol a breakthrough in computer science, but it transformed the way society perceives money, economics, and freedom. “The Satoshi Revolution” written by Wendy McElroy delves into the transformative technology Nakamoto introduced 11 years ago by exploring the evolution of this new money. McElroy’s book […]

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Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun

Warren Buffett Slates Bitcoin, Denies Owning Crypto Gifted by Justin Sun“I don’t have any bitcoin. I don’t own any cryptocurrency, I never will … You can’t do anything with it except sell it to somebody else.” So claimed Warren Buffet in an interview this week on CNBC. Over the course of the two-minute segment, the billionaire investor tore into bitcoin’s value proposition, and obliquely threw […]

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In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix

In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System PixBanco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims to limit the use of paper money and […]

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