Category: Op-Ed
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This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System
[youtube https://www.youtube.com/watch?v=7ukJiBZ8_4k&w=560&h=349] In the last few months, giant American corporations and financial incumbents that are subsidized by the U.S. government, have profited immensely during the coronavirus outbreak. This has caused certain groups of people and those who despise wealth to claim that “capitalism is broken.” However, today’s system, that’s currently practiced in the U.S. and…
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Carl Menger: The Nature and Origin of Money
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 obvious of these opportunities. **The following essay was written…
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Making Bitcoin Go Viral: Could Endless Printing Trigger a Hyperbitcoinization Event?
[youtube https://www.youtube.com/watch?v=NUyCO3FXHS4&w=560&h=349] Hyperbitcoinization has been defined as “a state where bitcoin becomes the world’s dominant form of money.” But what actually needs to happen for bitcoin to ‘go viral’? As it turns out, a hyperbitcoinization event may be more likely than many suspect, especially in the current economic climate. However, there’s one big caveat: it…
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How Many Women Users Before Crypto Is Not Sexist?
A recent headline on Micky — an iconoclastic media outlet that focuses on cryptocurrency — read “Crypto Twitterstorm: ‘Creepy sexist trolling’ or just a funny meme?” The article explained, “A post making fun of Blockstream’s Samson Mow has sparked a Twitterstorm over accusations of misogyny. Was it funny or just ‘sexist garbage’?” Also read: Rumors…
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Disney World Economics: How Coronavirus Could Be Used to Justify a Global Financial Reset
[youtube https://www.youtube.com/watch?v=_mzcbXi1Tkk&w=560&h=349] ‘What in the world is going on’ has now become a question of real pertinence, instead of just a cliché for common bewilderment. As COVID-19 panic grips the world, ripple effects are crashing markets and effectively canceling economies across the globe, scrawling the writing on the wall for something big. Even the beloved…
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The Government Can’t Stand Decentralized Innovations Like Bitcoin, so It Tries to Ruin Them
[youtube https://www.youtube.com/watch?v=BK7mfq8_u08&w=560&h=349] Feeding the homeless, affordable medicine, an easy-to-use gas can design, starting a small business to meet the needs of one’s community — borderless, permissionless P2P electronic payments. These are all simple, practical activities and tools that can be leveraged in decentralized fashion to benefit human societies immensely. So why do we see governments…
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Rumors of Bitcoin’s Death Are Greatly Exaggerated
According to the Bitcoin Obituary Page, Bitcoin died 379 times between 2010-2019 of an astonishing array of causes. The number is undoubtedly understated since it is based on a limited sample of obituaries. Despite the glee with which the corpses of Bitcoin are contemplated, however, cryptocurrency thrives because it continues to fill the human need…
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Is Twitter Helping Justin Sun and Other Cryptocurrency Celebrities Defraud?
A site as hugely influential as Twitter should ideally take a balanced and responsible approach when suggesting blue check accounts and other popular influencers to follow in the crypto space. Fact is, this couldn’t be further from the reality: Twitter seems to constantly promote the same narrow selection of accounts to follow, some of whom…
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A Sea Change to Crypto Hits America, Again
A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised The Wave of a Central Bank Digital Currency Robert…
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Next Step Mobile Surveillance: How You Walk, Your Heartbeat – Why Bitcoin Matters to Combat Government Privacy Invasion
It may sound like something from a dystopian cyberpunk movie, but payment providers could soon be validating transactions by the way users walk, their heartbeat, veins, and more. Mastercard has recently revealed they “have been testing heartbeat, vein technology, and the way people walk to authenticate people.” The high tech proposal, designed to fight hackers…