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The Future of Money is Now

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Tag: #Fiat Money

Can DeFi Replace Your Bank?

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.

Census Open Finance About Crypto, Blockchain, Census Article, DeFi August 20, 2020August 20, 2020 4 Minutes

Is Bitcoin Really Fiat?

The word “fiat” comes from the Latin and means “let it be done.” Since fiat money has no value outside of this government decree that it does, it is said to have no intrinsic value.

Census Open Finance About Crypto, Bitcoin, Blockchain, Census Article June 25, 2020June 25, 2020 4 Minutes

Let There be Money – Part 4

The Future Economy

Inflation is defined as the increase in the money supply in an economy. It derives from the Latin word inflate, meaning, “to blow up.” When the money supply grows faster than the amount of goods and services in an economy, prices usually increase.

Census Open Finance Austrian Economics, Bitcoin, Census Article, Economics, Hyperinflation May 20, 2020May 27, 2020 5 Minutes

The Future of Cryptocurrency is Now

Digital Hand Shake

Money has been an expression of value divisible in nature, durable, transportable, and scarce. Any object that carries these attributes can be called as money when used as a medium of exchange.

About Crypto, Bitcoin, Economics, Explaining Bitcoin, Finance, History of Money, How Money Works, Stable Coins, Understanding Bitcoin May 1, 2020June 9, 2020 2 Minutes

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