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Chain splits under a Bitcoin monetary standard

The recent bitcoin chain split got me thinking again about bitcoin-as-money, specifically as a unit of account . If bitcoin were to serve as...

Nick Rowe points out that if a central bank wants to control the economy's price level, it needn't issue any actual money—it can ju...

Do citizens benefit by owning money that is pegged to the nation's own unit of account rather than a foreign unit of account? Let's ...

A while back I was paying for gas at a nearby gas station when the clerk fumbled my credit card. When he bent down to pick it up he momentar...

If you haven't heard, protests are breaking out in Zimbabwe and unpaid civil servants are going on strike . This sort of thing hasn...

A Zimbabwean washes U.S. dollars, from NPR Planet Money Here's a surprising development. Zimbabwe, a dollarized nation, is on the verge...

What's the main difference between our modern monetary system and the system they had in the medieval ages? Most of you will probably an...

Issued a little less than a year ago, Zimbabwe's bond coin is one of the world's newest monetary units. The bond coin is designed to...