Economies Are Much Too Complicated To Plan And Control
Bitcoin is the free market alternative to inept economists using their not-so-invisible hands to manipulate various economies across the globe.This is an opinion editorial by Max Borders, a well-published author and a contributor for Bitcoin Magazine.Well into the Great Recession, arch-Keynesian Paul Krugman wrote that what drew him to economics was, “The beauty of pushing a button to solve problems.”Yet economies don’t have buttons.Similarly, imagine someone who claimed they could build, fix or run the Great Barrier Reef. You’d be justifiably skeptical. The Great Barrier Reef is one of....
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When you are a government as large, powerful, and desperate as the one that controls the United States, things many of us take for granted like freedom, ethics, and privacy can be easily crushed underfoot in an ongoing quest for control. Freedom and control are strange bedfellows, and rarely the two shall meet. Governments are all about control: control of their populace. Recently, the U. S. government has created many arms of regulatory government to gain more control of an evermore complicated world and its citizens. We'll leave their military exploits to another time and place for....
Instantly, you can tell Matthew Slater is an intelligent and principled guy. Slater has been working all around the world these past few years, trying to develop software for mutual credit economies with the aim of eventually uniting all such economies. Mutual credit economies, at the absolute ELI5 level, function like a system of IOUs. Everyone has enough money/ credit from the start to live off, and loans are interest-free and dealt with by the participating parties. These economies struggle when scaled beyond a certain number of people because of the ease of exploiting negative balances....
The NGO announced 16 circular bitcoin economies are operational In Peru after establishing educational material empowering the financially excluded communities.
The economic system across the world is highly centralized and has remained unchanged for years. This has given the governments and central banks complete control over it, snatching away the financial independence of the citizens without their knowledge. In addition, the problems with centralized financial systems became evident in the last decade during the Global Financial Crisis of 2007-08, causing a long term effect on the economies across the world. Even today, many countries across the world including few in the European Union are struggling to keep their economies afloat. It is not....
On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional as its retirement plan partner. Forusall and Coinbase’s Institutional Arm Offer Crypto-Infused Alt 401(k) Plan Forusall, the “one-click” retirement provider founded in 2012, has revealed that digital currency investors can now leverage the company’s alt 401(k) investment....