by Guy | Jul 1, 2022 | Bitcoin, Economics, Money
“People hold money to hedge against future uncertainty. This is why it is so crucial for a monetary system to optimize for minimizing its own uncertainty. Bitcoin’s purchasing power is an external quantitative risk that can be insured against, not an internal...
by Guy | Jun 21, 2021 | Economics, Money
“A deflationary monetary system of absolute hard money acts as a mirror for value creation. It is a compass to guide us toward a better economic path.” – Aaron Segal From Bitcoin Magazine, we hit a fantastic piece on the nature of money as a tool for...
by Guy | May 31, 2021 | Economics, Regulation
“At the core of economists’ fallacy is the belief that money is money by decree (because the state and its expert economists say so), which means they don’t fully recognise the power held by people’s collective decisions.” – Mick Morucci A Bitcoin Magazine read...
by Guy | May 20, 2021 | Economics, Energy
“Money condenses energy. Bitcoin is the first and only tool we have for converting electric energy to monetary energy. Now what does this do to the energy market?” – Knut Svanholm Amidst all the craziness around the Bitcoin & energy debate, its...
by Guy | May 4, 2021 | Economics, Liberty
“Bitcoin’s security guarantee comes from the direct conversion of unforgeable energy into a fixed supply unit on an incorruptible monetary network. There is no alternative that exists that is more sound, efficient, effective and rooted in the physical laws of...
by Guy | May 1, 2021 | Economics, Energy
“It is truly impossible for the petrodollar system to be green when it is based on black gold.” – Alex Gladstein Today we have another brilliant piece by Alex Galdstein, published on Bitcoin Magazine about the Petrodollar system, how it came about,...