💵 Perhaps the biggest threat to the DOLLAR is the rise of NONTRADITIONAL RESERVE CURRENCIES…
Browsing Category Money
the GOLD STANDARD disaster
💰 People say 🗣️📢 “GOLD STANDARD” cos it sounds smart. They’re nostalgic for an era they never had to live in.
📚 This post will make you so informed and wise that friends will say that you’re the “smart one”
Balaji & Bitcoin vs the Theory of Reflexivity
There is an asymmetry of Bitcoin information that makes it hard for a new entrant.
🥤🍿 It’s like walking into a theater when the sci-fi movie is half over
Dollar vs China, Europe, Oil, Bitcoin and you
This post will make you a DOLLAR black belt. You will be able to disarm pseudo experts saying gems like “petrodollar”, “global reserve” and…
Investor Series 10.5: Meltem Demirrors. Bitcoin at $20,000
Investor Series 10.5: Meltem Demirrors. Bitcoin at $20,000
A brief history of what came before Bitcoin
Bitcoin was not the big bang, this post is about what came before, eCash and E-Gold. A brief history of the beginning of the beginning.
Bitcoin. World’s first autonomous & self-sustaining pyramid scheme
…there are no Ponzi or pyramid schemes still running from the 1800s, or the 1920s, or even from 2001. And so bitcoin goes…
Bitcoin and Blockchain. The explainer
Bitcoin is a protocol. It is a set of rules
As in other sources, I refer to the protocol as Bitcoin (with a capital B) and the units of currency as bitcoins (lowercase).
The Bitcoin protocol consists of two main components:
Just like in describing baseball much will also not be described. It isn’t essential to include a ‘how to’ of a curveball, so there are also many things I won’t include here, there are too many ‘how to’s’
There is also a philosophy within baseball, Yogi Berra spent a lifetime completing a small piece of that and Derek Jeter spent his career practicing that philosophy. we would get lost including a philosophy here, but, there is one.
From the denarii to bitcoin and cryptocurrencies…
Denarii was the currency in Rome from Republic to Empire. It was persistently declining in value and withered away. Are we there? yet?
Cashless. New ways to cheat at Monopoly
💵 Soon money will be currency vaporware and have an expiration date ⌛️
🏦 If cash exists there’s no way of preventing depositors from taking their money out of the bank and parking it where the erosive effects of negative interest rates can’t reach it 🫥