The Demise of Soft Money Throughout History
Throughout history, various types of money have been used to facilitate trade and commerce. Some types of money are considered "soft money," meaning that their value is not backed by a physical commodity or by a strong centralized authority. Soft money has been used in many different forms, such as seashells, cowrie shells, salt, wampum beads, and paper money. While some soft money systems lasted for centuries, others collapsed due to a variety of reasons. In this article, we'll explore ...
The Demise of Soft Money Throughout History
Throughout history, various types of money have been used to facilitate trade and commerce. Some types of money are considered "soft money," meaning that their value is not backed by a physical commodity or by a strong centralized authority. Soft money has been used in many different forms, such as seashells, cowrie shells, salt, wampum beads, and paper money. While some soft money systems lasted for centuries, others collapsed due to a variety of reasons. In this article, we'll explore ...
The Evolution of Money: From Barter to Bitcoin
Have you ever stopped to wonder why we trust those pieces of paper in our wallets or those numbers on our bank accounts? Why do we accept them as payment for goods and services? The answer lies in the nature of money, a concept that has fascinated human beings for millennia. From the ancient civilizations that used barley as a means of exchange to the digital currencies of today, money has taken many forms throughout history. In this article, we will explore the definition of money, its histo...
The Evolution of Money: From Barter to Bitcoin
Have you ever stopped to wonder why we trust those pieces of paper in our wallets or those numbers on our bank accounts? Why do we accept them as payment for goods and services? The answer lies in the nature of money, a concept that has fascinated human beings for millennia. From the ancient civilizations that used barley as a means of exchange to the digital currencies of today, money has taken many forms throughout history. In this article, we will explore the definition of money, its histo...
Why Bitcoin is Unstoppable
We’ve all heard the phrase “Bitcoin is unstoppable” or something equivalent. People in the space like to point it out whenever they get a chance, but I think a lot of people who haven’t dived deep into Bitcoin and blockchain, the underlying technology, don’t really understand why that is. In this post, we’re going to look at what makes Bitcoin, and other cryptocurrencies for that matter, unstoppable. The post is heavily influenced by Andreas Antononopoulos’ talk at the Bitcoin South Conferenc...
Why Bitcoin is Unstoppable
We’ve all heard the phrase “Bitcoin is unstoppable” or something equivalent. People in the space like to point it out whenever they get a chance, but I think a lot of people who haven’t dived deep into Bitcoin and blockchain, the underlying technology, don’t really understand why that is. In this post, we’re going to look at what makes Bitcoin, and other cryptocurrencies for that matter, unstoppable. The post is heavily influenced by Andreas Antononopoulos’ talk at the Bitcoin South Conferenc...
Transactional Security of Credit Cards vs Bitcoin
In order to have more conviction in Bitcoin, and blockchain, the underlying technology, we need to understand why it’s different from anything we’ve ever seen. In a series of posts, I’ll be writing about how Bitcoin differentiates from everything else in our lives. In this particular post, we’ll take a look at the difference between the transactional security of a credit card and Bitcoin. Credit Cards are insecure by design One of the most common payment methods people use nowadays is a credi...
Transactional Security of Credit Cards vs Bitcoin
In order to have more conviction in Bitcoin, and blockchain, the underlying technology, we need to understand why it’s different from anything we’ve ever seen. In a series of posts, I’ll be writing about how Bitcoin differentiates from everything else in our lives. In this particular post, we’ll take a look at the difference between the transactional security of a credit card and Bitcoin. Credit Cards are insecure by design One of the most common payment methods people use nowadays is a credi...
