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Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society
10.7.2019
It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference...
Africa’s Interest in Bitcoin Remains High as 15 States Plan to Adopt the ‘Eco’ Currency
2.7.2019
By 2020, a large group of West African countries plan to adopt a single fiat currency called the eco. After a meeting in Abuja held on June 29 between the 15 member-country regional bloc, the implementation of a new single currency, after debating the monetary unit for years, was agreed. Despite...
The Politicization of Money: Crypto as a Safeguard Against Economic Propaganda
27.6.2019
Money has come a long way since its origins. From cowry shells to crypto, transferable, divisible, and economically sound means of exchange have been adopted by market actors everywhere. Modern history has brought us to a dangerous place, however, a cultural climate where politics and bad economics...
Bitcoin Surpasses Russian Monetary Base To Become The World’s Eighth Largest Currency
20.6.2019
Bitcoin is now the world’s largest currency in terms of market capitalization. It is now bigger than Russia, Canada, Australia, South Korea, Norway, and many developed countries. Bitcoin currently has a market cap of over $162 billion at the present prices. However, by the end of this year,...
After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter
19.5.2019
When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t...
Digital Gold: A Game-Changer for Traditional and Digital Currencies
4.1.2019
Disruption of the global monetary order Trust in currencies is vital for the global economy to function. In the past, when metal money was prevalent, people exchanged gold and silver coins because they were inherently valuable. By contrast, today’s paper […]
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