What will money look like in the future? Will it even exist at all? Peer into six differing visions for the stuff that makes the world go round.
What is the future of money? Six differing visions
Tag: bitcoin
There’s no such thing as a free lunch & Bitcoin is no exception. See all our articles related to free lunch thinking and Bitcoin.
What is currency debasement?
We illustrate the dull concept of currency debasement by looking back at the Roman Empire, coin clippers, hyperinflation in the Weimar Republic and connect it to the rise of Bitcoin.
The crypto custody conundrum – How to secure a Seed
From memory palaces to punching passwords into metal sheets, we look at solutions to the unique security problem posed by crypto’s promise to be your own bank.
The Five Most Valuable Lost Treasures
From Sumatra to the Caribbean via a Welsh rubbish dump, discover the five most valuable lost treasures, representing over £20bn in value.
Manic Miners: How thieves worldwide are stealing electricity to mine crypto
The meteoric rise in the price of Bitcoin has inspired enterprising criminals from Russia to Malaysia, to steal electricity to mine crypto.
The Cantillon Effect & the privilege of proximity to the money spout
Discover the importance of the Cantillon Effect. Why being closest to the money spout is a source of inequality, and whether anything can fix it.
The Hunt brothers great silver gamble
How the three sons of a famous Texan oil billionaire tried to corner the global silver market in the 1970s, and brought the entire financial system close to collapse.
What is crypto unit bias?
Unit bias within crypto conflates the price of tokens with their value. A low nominal price is considered cheap and attractive simply because you are able to buy more units of them. This leads to poor decision making.
What is time preference & why is it changing
If you asked the average person in the street what two things they would want more of, the likely answer would be time and money. Joe Public is working harder for less and increasingly living day-to-day. Economists might explain it through changes in time preference. But what is time preference, and why is it changing? Find out via a four-paragraph history of civilisation, an episode of Atlanta and Bitcoin.
The Bitcoin hodler’s dilemma
Hodling is a meme describing the commitment needed to hold Bitcoin, but the unique characteristics of this new internet money present hodlers with a unique dilemma.