Banks have been around for hundreds of years. The first banks started out as places that held gold in deposit and gave you a receipt that you could use to get your gold back. From there, some banker got the wild idea to make the note itself transferable to other people. Paper money was born.
Tag: #Fiat Currency
The Accessibility of Decentralized Finance
Decentralized finance has grown exponentially this summer. The rates of return that are being earned through the lending and even borrowing are eye-popping. How will decentralized finance mature and develop over time as cryptocurrency strives to become a mainstream financial option?
How to Accept Cryptocurrency as a Retailer
Cryptocurrency has only been around for about ten years and only recently has it really begun to capture mainstream appeal.
Why SMEs Should Have Cryptocurrency on Their Radar
Small and medium-sized enterprises are sometimes on the bleeding edge of technological change. In many cases, SMEs look to larger companies to test out new technologies before they adopt them.
A Tokenized Future
Tokenization is an opportunity to reshape the world of finance in a way that is more affordable, more secure and more accessible.
Catalysts for Bitcoin Adoption
The use of cryptocurrency is on the rise in Africa. This is due to the financial and political instability.
Digital Fiat vs. Cryptocurrency
What is digital fiat and how does it work? Does it compare favorably with cryptocurrency?
Going Toward a Cashless Society, Why Should You Be Worried?
We have heard much over the years about how we are moving toward a cashless society. Much like the paperless office that was once heralded as both imminent and inevitable, we have hit many bumps on the road to making this happen. Maybe we don’t want to part with cash as much as we think.
How Much Is Your Country’s Debt Impacting You?
We often hear about the national debt and the staggering amount of money it represents. But it’s not like we get a bill for it. We don’t directly pay our country’s debts, so the number doesn’t really hit home for us. That begs the question, how does your country’s debt actually impact you?
Bitcoin as the New Gold Standard
Many view Bitcoin as the currency of the future. Some also view it as a hedge against inflation, as gold has traditionally been seen. Is it fair to compare Bitcoin with gold? Or is this comparison based on faulty premises that simply do not hold up?