Tag: hyperinflation

Let’s finish the 4th chapter once and for all, book lovers. As promised, we’re going to take government money to court and analyze its track record. How do you think it did? We’ll also analyze the hyperinflation phenomenon, which as it turns out, “is a form of economic disaster unique to government money.” How does it work? You’ll know by the...

DAFI Protocol is reinventing how decentralized networks reward their participants. Interestingly, it is being built to be capable of reinventing every decentralized network by changing the reward model distribution for staking, nodes, and liquidity providers. The excitement about this shift is so high that within one week of enabling pre-staking on BitMax, over 40 million DAFI stood staked. While the staking numbers are...

“Why won’t bitcoin die?” is a common question I’ve heard asked throughout the years by people sitting on the sidelines watching the bitcoin price hectically rise and fall, time and time again. The mainstream media will tell you that bitcoin is a speculative bubble, your financial advisor will tell you that you’re wasting your time by investing in it, your friends and family...

Bitcoin is not a speculative bubble fueled by degenerate gamblers. It’s capital flight from collapsing fiat currencies.“Why won’t bitcoin die?” is a common question I’ve heard asked throughout the...

The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?

Late last month, Iran Daily, the official newspaper of the country’s government, reported that the administration had amended its cryptocurrency legislation to make digital assets “exclusively used for funding imports at a time of increased pressure on the country’s normal use of hard currencies.” In practice, this means that bitcoin and other cryptocurrencies that are mined officially under...

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning”– Henry Ford The continued functioning of the financial system you have lived under for your entire life is dependent on the average person not understanding exactly how it works, and there...