Search
Ayn Rand: Francisco d’Anconia’s Speech on Money
14.6.2020
“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...
Carl Menger: The Nature and Origin of Money
23.5.2020
In 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...
Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals
19.5.2020
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some...
The Beginner’s Guide to Buying Goods on the Darknet
5.3.2020
Darknet markets (DNMs) supply all manner of goods, some legal, others less so, but all purchasable with cryptocurrency and delivered to your door. Indeed, many people’s first exposure to bitcoin is when they have the need to purchase something off the darknet. For shopping of last resort,...
USDZ Capital Group Launches USDZ Stablecoin
4.3.2020
Stablecoin is a cryptocurrency pegged to less volatile external assets such as official currencies, precious metals, or oil. The value of a stablecoin can also be pegged to other crypto-assets or fixed by algorithms. Stablecoins retain the same value as the underlying asset and are not subject...
Problems Escalate in Venezuela as Millions Rush to Spend Petros
7.1.2020
According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. At least...
Speculation Abounds Regarding Youtube’s Removal of Crypto Content
24.12.2019
At least six crypto Youtube channels have reported in recent hours that their content is being removed under the site’s “harmful and dangerous” policy, with one popular channel claiming Youtube pointed to a “sale of regulated goods.” Chris Dunn is one of these, whose...
FOIN Allows Merchants to Accept Crypto Payments In-Store
7.10.2019
FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for...
Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products
28.8.2019
On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across...
PR: Australian Bitcoin Cash Conference Brings Cryptocurrency Leaders to Townsville
15.8.2019
Global leaders from the Bitcoin Cash community will gather at the first Bitcoin Cash City Conference in Australia, being held in Townsville on September 4 & 5.
Townsville has really embraced Bitcoin Cash, so hosting this conference in the cozy, coastal suburb was a natural next step....
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
13.7.2019
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation...
Bitcoin People Directory Lists Crypto-Friendly Merchants
11.6.2019
The number of businesses accepting cryptocurrencies for goods and services has been growing, particularly for P2P coins such as bitcoin cash. Finding places where you can spend your digital cash is easy thanks to platforms such as Bitcoin People. Also read: How to Buy a Cryptocurrency Hardware...
Shipping Companies Raise Cargo Rates For Transporting Goods From The US To Venezuela
29.5.2019
According to three industry sources and two documents, the cargo rates for transporting goods from the United States to Venezuela has been raised by two major shipping company this month. The reason is said to be because the U.S has sanctioned limit transit between the two countries. Earlier on...
US Reprieve for Battered Huawei Helps in Recovery of Tech Sector Stocks
22.5.2019
Huawei is the world’s biggest supplier of telecom equipment, but over the past few months, the company has been in absolute turmoil as the American authorities accused that the company’s equipment was a vehicle for Chinese spying and eventually banned it. Additionally, the US also reached out...
Louis Vuitton and Christian Dior Owner Unveils Blockchain Platform to Verify Luxury Goods
16.5.2019
ConsenSys has teamed up with LVMH and Microsoft to build a blockchain platform that allows consumers to verify the authenticity of luxury goods
Donald Trump All Set to Sign Order That Will Ban Huawei from the United States
15.5.2019
One of the biggest fallouts from the tensions between the United States and China has been the former’s accusation against the Chinese telecommunications giant Huawei, that eventually led to its ban in America. The US authorities accused that the telecommunication equipment that is supplied...
Our Value of Money Is Subjective But That Doesn’t Make It Meaningless
14.5.2019
In 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...
Tariff On Chinese Goods About To Hike
11.5.2019
The U.S meeting with the Chinese negotiators has concluded on Thursday after two days of talks on how to rescue a trade deal which is almost collapsed due to the U.S plans of tariff hikes on goods imported from China. The tension between the two countries started after China failed in the last week...
The web can be anything we want it to be
6.6.2018
I really enjoyed this chat between Bruce Lawson and Mustafa Kurtuldu where they talked about browser support and the health of the web. Bruce expands upon a lot of the thoughts in a post he wrote last year called World Wide Web, Not Wealthy Western Web where he writes:
...across the world...
Building a Mini Invoicing App with Vue and Node : Database and API
6.4.2018
To get paid for goods and services provided, companies/freelancers need to send invoices to their customers informing them of the services that they will be charged for. Back then, people had paper