Money is changing. Governments are waging wars on cash and crypto, citing issues around anonymity and crime, but is there a more sinister reason?
Money, anonymity & morality
Author: tinstaafl
Dogecoin – A Trojan Horse not just a cute dog
Is Dogecoin the ultimate illustration of the crassness of crypto, or is there a more meaningful side to the Shibu meme-coin?
What is money?
If money works for you, why would you question it? Contactless payment in store; frictionless payment online; loans, credit cards, savings. For most Westerners there is little reason to question how those things happen, the only challenge is how much money you have, not how it works. But that isn’t the experience for everyone.
We need a bitcoin Babel Fish
I think that many people – JK Rowling included – feel like they are listening to an alien language when someone tries to explain Bitcoin to them. Unfortunately modern technology hasn’t invented a Babel Fish and Crypto speak isn’t in the dropdown for Google Translate, so how does Bitcoin reach mass adoption?
Titanic Thompson – Hustler, gambler, killer
Titanic Thompson, the man who’d bet on anything, is one of America’s greatest hustlers. A pro-level golfer, he preferred gambling, staging bizarre proposition bets, winning and losing millions; he died penniless, leaving five dead men in his wake.
How can interest rates be negative?
The universe functions such that for every action there is a reaction, and conversely, nothing happens without some force or energy being applied. QED – This should also apply to money. But we live in times where logic seems to be breaking down, the biggest demonstration of which are negative interest rates.