Getting rid of the monetary triumvirate

The textbook definition of money is anything that functions simultaneously as a store of value , a medium of exchange , and a medium of acco...

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Draghi's fake zero-lower bound and those pesky €500 notes

Having reduced the ECB's overnight target rate to +0.05% and the deposit rate to -0.2%, Mario Draghi confidently told those assembled at...

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A market for corporate votes

Berkshire Hathaway annual general meeting When you purchase a share you're not only getting the opportunity to make some extra cash. You...

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Chopmarks and other distributed verification methods

A 1795 Spanish dollar, minted in Mexico, with several chopmarks One of the most interesting things about bitcoin, ripple, and other cryptocu...

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On Eve, Plex, ISK and Bitcoin

While browsing around the Internet today I came across an article on Dr. Eyjolfur Gudmundsson's view on Bitcoin in comparison to ISK an...

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Thoughts on Delegated Proof of Stake and Bitshares

Today at Decentral.Bangtown meetup we had Max Wright and Dan Larimar introduce us to the concept of the Delegated Proof of Stake (DPOS), ho...

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Quibbling with the language of trade

The way we ascribe labels to things results in the creation of categories, and this in turn affects the construction of our mental landscape...

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