Tag: devaluation

Jul 08 2022

3 Lessons From The Oslo Freedom Forum: Privacy & Tax – Odell, Sneidermanis, Nwosu

The Oslo Freedom Forum wasn’t a bitcoin conference, but the Human Rights Foundation made sure that its message was always present. We’ve already featured - one,...

Feb 05 2022

Corporate Adoption: Restaurant Chain Everbowl Embraces The Bitcoin Standard

Another restaurant company is adding Bitcoin to its balance sheet. On Everbowl’s website, they claim “At everbowl, we believe the key to life is motion,” and they’re putting their money where their mouth is. Under the Bitcoin standard, a new stage awaits this California-based “quick-serve...

May 31 2021

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 3, Part 2: History)

Welcome back, Saifedean Ammous’ “The Bitcoin Standard” lovers! Two episodes in a row, because we are committed to doing a whole chapter each week. The last time, we learned why humanity chose gold as the soundest form of...

May 30 2021

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 3, Part 1: Why Gold?)

Welcome back, Bitcoin lovers! For those who’re just tunning in, we’re currently exploring “The Bitcoin Standard” by Saifedean Ammous. When we finish with the third chapter, you’ll know exactly why humanity picked gold as the most precious of metals and its form of money of choice. The reasons are unarguable. Humanity was extremely clever to do so. However, you need this info before...

Apr 30 2021

Treasure Hunter Finds Long-Lost Box with $46K. Guess What Devaluation Did

The host of the YouTube show “Rediscover Lost,” Keith Wille, performed a miracle for a family in Massachusetts. He found $46.000 hidden in the attic since the fifties. Back then, it was the equivalent of $421.603 today. That means it lost approximately 90% of its purchasing power. Devaluation is devastating. What does this say about a deflationary currency like Bitcoin?...

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