Learn About Money, Bitcoin and Decentralized Finance
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.
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?
Cryptocurrency has only been around for about ten years and only recently has it really begun to capture mainstream appeal.
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.
Tokenization is an opportunity to reshape the world of finance in a way that is more affordable, more secure and more accessible.
The use of cryptocurrency is on the rise in Africa. This is due to the financial and political instability.
What is digital fiat and how does it work? Does it compare favorably with cryptocurrency?
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.
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?
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?