What are Non-Fungible Tokens?

Along with the growing distinctions between cryptocurrencies such as utility tokens and security tokens, non-fungible tokens (NFTs) are also becoming popular. What is a non-fungible token and what benefits does it offer? What is Fungibility? Lose yourself in an amazing Virtual world In order to understand what a non-fungible token is, we should understand what … Continue reading What are Non-Fungible Tokens?

The Austrian Way – Part 4

Bitcoin Census

Ludwig von Mises' theory of business cycles does not only deliver a logical proof of this, he also correctly predicted the economic crisis of 1929. According to his theory, the boom of the “Roaring Twenties” was caused by cheap loans issued through the US Federal Reserve System, which was founded in 1913. When investors discovered that this boom did not correspond to real value being created, it collapsed.