In this article we dive in the book “The Great Taking” by David Rogers Webb. In his book Webb, addresses concerns about a global financial system overhaul. Webb explores a conspiracy-like narrative involving powerful global players aiming to control and seize all financial and physical assets through engineered crises. He introduces the idea that all financial assets, including stocks, bonds, property, and deposits, are at risk of being taken away through orchestrated mechanisms in the global economy.
In this article, we will explain why Bitcoin will never be too expensive to protect your savings against inflation. But before doing so, we need to understand the fundamentals of what inflation is and how it affects your savings or, more specifically, your buying power. We’ll also analyze how it has evolved over the last 100 years and compare that to the evolution of wages.
The Austrian and Keynesian economic models represent two divergent approaches to understanding and managing economies. These models differ in their philosophies, methodologies, and policy recommendations. Understanding these differences is essential for grasping contemporary economic debates, especially when considering the role of innovative financial instruments like Bitcoin.
You might have read recently that Mt. Gox will soon start to pay back its creditors an astounding 142,000 Bitcoins worth $9 billion. Today, the price of Bitcoin is dipping by about 2% as Mt. Gox has started to move some of its Bitcoin holdings to other wallets. What could be the consequences of this on the price of Bitcoin? In this article, we’ll explore what this all means, but before doing so, we will explain the history of Mt. Gox and its implosion.
In the world of finance and investment, the supply dynamics of a currency or commodity play a critical role in determining its value. This article explores and compares the issuance and supply mechanisms of the United States Dollar (USD), gold, and Bitcoin, examining how these factors impact their role as stores of value and mediums of exchange.
The Bitcoin Halving event is a significant occurrence in the Bitcoin network that happens approximately every four years, or more precisely, every 210,000 blocks mined. This event plays a role in Bitcoin’s deflationary economic model, aiming to reduce the rate at which new bitcoins are created and, thus, control inflation. So why do miners continue to mine after their rewards get slashed by 50% ?
Bitcoin, the pioneer of cryptocurrencies, operates on a decentralized network where transactions are securely recorded in a public ledger called the blockchain. The backbone of this system is mining, a process where specialized computers compete to solve complex mathematical puzzles. This is in order to validate transactions and create new blocks. But how exactly do miners participate in this process? Let’s delve into the intricacies of Bitcoin mining and see where a lottery mechanism plays a crucial role!
Investing in stocks and cryptocurrencies involves navigating a complex landscape of financial markets, where various psychological biases can influence decision-making. Here we analyze unit bias and this Bitcoin’s ETF are a good example of Unit Bias.
Exchange-Traded Funds (ETFs) have emerged as a popular and versatile investment vehicle in the world of finance. These funds combine the diversification benefits of mutual funds with the flexibility of trading individual stocks on an exchange. ETFs are designed to track the performance of a specific index, sector, commodity, or asset class, providing investors with a convenient way to gain exposure to various markets. Let’s delve into the basics of ETFs, explore different types, and take a closer look at the unique case of Bitcoin ETFs.
In the realm of cryptocurrencies, security is paramount. The underlying technology that ensures the integrity and immutability of transactions within the Bitcoin network is SHA-256, a cryptographic hash function. In this article, we will delve into the details of SHA-256 and explore how it is intricately woven into the fabric of Bitcoin’s blockchain.