Bitcoin Exposes Monetary Aristocrats
The last 25 years have seen venture capital funds dominate the financial scene — but Bitcoin could change the game.VCs have great reputations. They are thoughtful visionaries that bring disruptive technologies to the masses through their capital. They are wise oracles that guide inexperienced startups to glory. They are hyper-competent winners that bring immeasurable value to their investors.This couldn’t be further from reality. VCs act like entitled aristocrats. They expect you to kiss their rings, defer to them, and treat them as demigods of business. What’s worse, they believe their....
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The current monetary system of the world exposes the poor and disadvantaged to continuous debasement of value.
This is a guest post by Pamela Morgan, Esq., CEO of Third Key Solutions LLC. Security is tricky. Sometimes the most obvious security solution is ineffective and, worse, a distraction from the real risks and issues. In the security industry this is called "security theater." It looks good and makes some people feel secure, but doesn't actually reduce risks. Sometimes security theater even exposes people to even greater risk. Such is the case with third-party identity verification for the recovery of bitcoin accounts. It seems like the obvious solution and feels secure, but, in fact, it....
Bitcoin is growing into the internet's native monetary layer, functioning as a suite of public network protocols with undeniably scarce units of value. The post A Monetary Layer For The Internet appeared first on Bitcoin Magazine.
While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war, and a number of global crises, the possibility of a great monetary shift has increased. The preceding years filled with panic, are very similar to the years that led to the creation of the Federal Reserve System.
The Panics That Led to the Last Transition of Wealth May Help Us Understand Today’s Monetary Transformation
During the last few years,....
The defenders of monetary freedom must continue to fight for bitcoin against the powers of evil.