Why Bitcoin May Solve This Age-Old Economic Paradox

Why Bitcoin May Solve This Age-Old Economic Paradox

Travis Patron is the founder of Diginomics, a bitcoin news organization where professionals can enroll in the Bitcoin Economics Course. Here he explains why the stateless nature of bitcoin holds the potential to solve an age-old international monetary flaw. Although the United States Federal Reserve Note carries with it many advantages for conducting commerce and serving as a world reserve currency, its makeup is not void of imperfections. One of the main shortcomings of the US dollar is the Triffin dilemma, a problem which arises when countries must manage both short term domestic and....


Related News

How Paradox Group is helping DeFi

Created in 2018, The Paradox Group is the current number one blockchain advertisement agency in the UK. The purpose of the company is to offer high-quality marketing services, geared towards crypto entrepreneurs and established companies in the crypto and fintech industries. Projects in Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs), recent innovations in the crypto sphere, are currently among the top priorities of the Paradox Group. What is DeFi? Thanks to smart contract technology, introduced […]

How Paradox Group Is Helping DeFi

Created in 2018, The Paradox Group is the current number one blockchain advertisement agency in the UK. The purpose of the company is to offer high-quality marketing services, geared towards crypto entrepreneurs and established companies in the crypto and fintech industries. Projects in Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs), recent innovations in the crypto […]

How Bitcoin Can Solve A Global Economic Conundrum

If bitcoin can fulfill economic demand for savings, it will free people from the problems with government-issued safe haven assets.

How TG Ecosystem Uses Cooperation to Solve Major Crypto-Market Problems

Several models for the development of nations for the next three to five years were presented by the World Economic Forum, where cooperation was emphasized as the foundation for successful and speedy economic and social recovery. Speaking at the WEF, Børge Brende, a Norwegian politician and member of the Conservative Party, said that “the direction in which we need to head is towards greater dialogue, coordination and collective action”. Even today in the world of global business, we’re seeing hundreds of examples of cooperation gone right, such as the UN Global Compact,....

What is the Carbon Footprint of a Bitcoin?

In this, the first of a three-part series, Danny Bradbury explores the impact the bitcoin network is having on the environment. Just how much carbon dioxide do we produce when we mine a bitcoin? It's becoming an increasingly important question. After all, it's great to disrupt an inefficient and sometimes corrupt incumbent economic system, but most of us would rather not do it at the expense of the planet. The bitcoin network is stuck in a circle that drives up its power usage. People tend to put more computing power on the network so that they can make more more bitcoins. The software....