Kicking the can down the road, versus capturing pieces of immutable scarcity. This is the choice that bitcoin brings to the table.
Category: Fiat
Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says
The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely to turn more Ukrainians to cryptocurrencies, according to a representative of the local crypto sector. War-Time Hryvnia Limits Expected to Increase Interest in Cryptocurrency […]
How Replacing Reality With Fiat Falsehoods Destroys Meaning
Finding direction in a fiat world is like using a compass that’s lost its magnetization, leaving it to spin free and unabated.
Bitcoin Is Money Made Simple, AKA Monetary Decomplexification
The various inner workings of the fiat system lend to an increased “surface area” for misuse, misallocation and misunderstanding.
Fixing Broken Fiat Plumbing — Sharing A House Separated By Cantillon Privilege
A firefighter’s take on today’s precarious economic mechanics and how bitcoin steps in as an empowerment tool for the middle class.
Fiat Knowledge: Only Bitcoin Creates A Culture That Rewards Verification
Fiat knowledge is a result of information sources being centralized and misaligned in incentives.
Tesla: Best-Loved Brand, Lowest-Tier Reliability
Consumer Reports found that a higher percentage of Tesla owners than any other car company would buy another Tesla, while the same publication rated Tesla a dismal number 25 out 29 car makers in reliability.
FOMC | Release | Rate Increase
For release at 2 p.m. EST December 14, 2016 Decisions Regarding Monetary Policy Implementation The Federal Reserve has made the following decisions to implement the monetary policy stance announced by the Federal…
Chrysler Announces 1,300 Layoffs in Michigan
Fiat Chrysler has announced that it is laying off 1,300 workers at its Sterling Heights, Michigan plant.
FOMC | Live Feed Press Conference | 09-17-2015
The FOMC [federal open market committee] has a live press conference today announcing the awaited interest rate movement or non movement from 0% to a possible high (historically low) 0.25%. How long…