
How Bitcoin Rectifies Easy Money’s Destruction of Growth And Prosperity
Central bank interventions in the monetary system - from lowering interest rates to printing money - do not change peoples’ saving and spending behavior: They only redirect it.We live in a highly politicized world today - we spite our neighbors, refuse to watch certain news channels, and increasingly ignore any information which counters our own preconceived views. Our wealth gap in the developed world is rising, and calamities like the pandemic are highlighting and exacerbating those divides. What brought our society to this point? With technological advancements and scientific progress....
Related News
As Bitcoin leads the global monetary melting, sustained deflation will introduce unrestrained prosperity and abundance. The post When Bitcoin Melts The System, Prosperity Steps In appeared first on Bitcoin Magazine.
Every single Bitcoiner benefits from contributing to the growth, prosperity and strength of the network.
Bank of England (BoE) Deputy Governor for Financial Stability has shared her vision for a “multi-money” system that includes stablecoins and other traditional assets in the UK ahead of the upcoming consultation on its crypto policy proposals. Related Reading: US Bancorp Resumes Bitcoin Custody Services After Three-Year Pause – Details BoE Eyes ‘Multi-Money’ System With […]
One of the hosts of NPR’s legendary “Planet Money” takes us on a whirlwind tour of some of the key moments of money history in the last 1,000 years.
In Nik Bhatia’s new book, “Layered Money,” the author offers a framework for understanding Bitcoin’s future as the world reserve currency. The post Review: “Layered Money” By Nik Bhatia appeared first on Bitcoin Magazine.