Oh, so you’re ready to dive deeper into how topics like tech, crypto, and DeFi affect the economics around us? We like your determination. Go for it.
It is the knowledge that I'm going to die that creates the focus that I bring to being alive. The urgency of accomplishment.
Gaming has provided an opportunity for people to learn about logistics, economics and logistics by their very existence, making the future of gaming interesting
?In the 20th-century economy, most of us had to find a way to fit into the workforce. Passion-driven careers,
Meaning:
It's the end of the world as we know it, humanity is programmable and our operating system is getting a reboot. The question is when the system is back online what will be in its place?
A high salary can make you feel like you’re on cloud nine. For cloud engineers, jobs with these sky-high paychecks are in no short supply. In fact, the number of cloud engineer jobs on Indeed.com increased by over 55% between May 2017 and May 2019. And candidate interest is also skyrocketing: The number of people searching for cloud engineer jobs increased by over 52% in that same time period.
Though the encouragement of exportation, and the discouragement of importation.
According to official numbers, you lost money unless you got a 6.2% pay raise this year. In other words, thanks to inflation, you got a pay cut
Silicon Valley Bank has entered into FDIC receivership and has for all intents and purposes has failed. Here, I argue that SVB failed due to a failure to respon
Mario Nawfal goes over the World Economic Forum.
On Wednesday, March 16, President Of Ukraine Volodymyr Zelenskyy signed a law in Ukraine on virtual assets, after a large number of donations through crypto.
Don't let the market fool you, “headwinds” will only get stronger.
A look at the Dot-Com Bubble from an employee's eyes and why history might repeat itself.
The insular nature of the crypto-industry can often discourage potential investors, but digital assets are at an adoptive inflection point. Regulation can help.
The new buzzword “Web3” has recently jumped into the public’s mind.
You know how the story goes: Bitcoin is wild, violent, unstable. It makes a whirlwind day on the VIX look like a slow waltz. You can’t trust it. Don’t put “real money” in it or the Boogie Man will get it.
Learn why Bitcoin might carve out it's place within the digital monetary establishment, 100% peacefully and voluntarily.
Is the US Economy in a recession? Depends on whom you talk to. While there have been two-quarters of contraction in economic activity, the Biden Admin is loath
SORA is a decentralized central bank that includes a decentralized development process that uses RFP to implement new developments in the network
Sri Lanka currently is going through an economic crisis with high inflation, heaps of debt, a falling currency, and empty foreign reserves.
Here are three reasons why Bitcoin is so volatile.
Bitcoin went up, and it was because of the Coronavirus, people said. Then bitcoin went down, and that was also because of the virus. The question is this; has the virus had any effect on bitcoin at all?
During World War I, there was a general shortage of metals to mint low-value coins for everyday commerce. Austrian and German institutions from banks to municipalities to utility companies started circulating their own form of money without authorization from the central government. These took the form of colorful paper notes for "emergency money" or notgeld that are a valued collectors item to this day.
The metaverse could reform industries and societies. This potential was recognized at a state level when Shanghai included metaverse in its 5-year plan.
A look at why inflation is currently skyrocketing.
The essential thing to consider is the rate of change in the money supply, the first derivative of the money supply
Are you ready for the AI economy? Over the next decade artificial intelligence could add upwards of $13 trillion to the global economy, and by 2030 the majority of companies could be using some form of artificial intelligence. There’s a downside to all this, however. Worldwide as many as 375 million workers could need to be retrained for new jobs as AI takes over the repetitive tasks and the heavy lifting. Overall, artificial intelligence is expected to have a positive impact on the global economy, even if there is a temporary period of human displacement that follows its implementation.
Let's go through how Decentralized Finance came to be and explore what is next it in the future.
Go Back To School? I just left!
The ECB (European Central Bank) has published a report stating the digital euro is getting closer to be launched. It gives an overview of a possible roadmap for implementing the digital euro as well as the advantages and disadvantages of a digital currency in the euro zone.
In 2019, OpenAI transitioned from a nonprofit organization to a for-profit, albeit capped, business model. What an opportunity to beta test American Equity!
Three months ago we held a vigil for the death of the cryptocurrency bull market. Last month, my HodlBot portfolio went up by 50%. What a wild ride.
Over and above the expenses necessary for enabling the sovereign to perform his several duties, a certain expense is requisite for the support of his dignity.
With news that the Chinese are burning Yuan banknotes to fight the Coronavirus, there may be fears that fiat currency is too dangerous and dirty to handle. After all, money is only as clean as the uncleanest place it has been. Consider that one US study showed that most dollar bills are contaminated with cocaine, and the conclusion you may draw is that the majority of greenbacks have at some time been up someone’s nose. While it’s true that fiat money does harbour a considerable number of bacteria, germs and viruses of all varieties, there are some sensible precautions that can be taken to ensure you never fall foul of fiat.
When people think of anarchy, they think of the world on fire or complete and utter chaos. However, that is not the case. When I say anarcho-capitalism, I am not advocating for a traditional anarchist society but rather an anarcho-capitalist one. Two entirely different things. That being said, let me get into my "key points". As our intellectual capabilities increase as society so should our own sovereignty as nations. In a perfectly intellectual society, one wouldn't need a government to function. The current generation tends to blame capitalism for most of the world's problems, embracing socialism. I would say, capitalism is the answer and that many of the problems capitalism is blamed for is actually globalism disguised as capitalism.
The Wright brothers flew the first plane in 1917. At the time, going on an airplane was not common. Being a passenger on a flight was expensive. The focus for airlines was luxury. As time has passed, their focus has shifted from luxury to revenue. With the shift, airlines have grown their revenue sources. Airlines not only make money from passengers. They work with businesses to generate revenue.
Low EQ, Not Robots, is Humanity’s Biggest Threat. Having high emotional intelligence (EQ) is having the ability to parse one’s own emotions as well as navigate the emotions of those around us to the mutual benefit of oneself and society. As a measure of developmental achievement compared to general intelligence (IQ) most individuals are barely aware of EQ and contemporary society does very little to cultivate it. For example, IQ provides you with accurate information for a heated debate on Facebook while EQ guides your exchange from a place of empathy and allows you to walk away from exchanges that may cause more emotional harm than good to either party.
About a year ago, I was talking to someone about how difficult it was to get myself to write. I had been working on a book for O’Reilly and Associates for about 9 months at that point and had talked to other authors who acknowledged the same problem. Many authors find that books take a long time to write with 2 years being the norm. The 14 months that I took for my book was relatively fast, according to my editors.
But when the division of labour has once been thoroughly introduced, the produce of a man’s own labour can supply but a very small part of his occasional wants.
From Forbes to Nobel Prize winning economists, the consensus is the same: Crypto was a speculative bubble. After all, crypto's crash was worse than the dot-com one.
The podcast industry is growing. The more growth, the more money will go into the industry. Podcast players make money from consumers and businesses through several methods.
The global outbreak of the latest Coronavirus (COVID-19) at the beginning of this year caught many businesses and governments off guard. The global pandemic which to date has claimed the lives of over 347,106 people globally had brought businesses to a complete halt.
A Pocket Guide To Modern Monetary Theory and Why It Matters
Snapchat success came in the era, where any successful social media company would be acquired by Facebook. It not only avoided the acquisition but thrived on its own terms, garnered a significant audience and has become a major participant in the cultural machine.
We believe that regulating the blockchain space is the only way to push these ideas into the mainstream, but we also understand that it’s not that simple.
There’s one incredible feature of cryptocurrencies that almost everyone seems to have missed, including Satoshi himself.
Learn what the history of the field of thermodynamics can teach us about the technological adoption battles we're facing today - especially in Bitcoin.
An ecozone is also known as a special economic zone (SEZ) and these are geographic regions in a country that has more attractive economic policies for entities
While meme coin may generate spectacular short-term gains as people are willing to speculate on the possibility of making money in a short amount of time.
The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life.
It’s easy to feel powerless given our politics today.
As our lives are suddenly and drastically changed by the rapid spread of this virus, and my local stores are ignorantly devoid of toilet paper and vodka from panic buying, I reflected on a few societal changes we might see taking place.
the majority of digital coins on the market are issued by private blockchain corporations, there are several factors that count towards the value of crypto
Capitalism and Socialism are in a climatic feud. Why? Because they are dying. Don’t believe me? Let me challenge your assumptions and introduce you to the future. Let me tell you some stories.
You may have heard the term web 3.0 and may have even heard it described, but you may not have seen real-life applications as of yet
Many act like post-scarcity is some pipe-dream. The stuff of utopian fairy-tales and science fiction. I beg to differ. Actually, I think in many respects, it is already here in the US. We just don’t see the abundance right beneath our noses because our current economic paradigm makes it incomprehensible.
What would happen to the price of Bitcoin in the medium-term if oil ramped 2x to 3x overnight?
The future of money is clearly digital, powered by decentralized blockchain technology.
In 1930, John Maynard Keynes wrote a short, seven-page essay titled Economic Possibilities for our Grandchildren.
Open banking is on everyone's minds now – and for a good reason. In Latin America, open banking is gluing society together to achieve greater social inclusion. In Africa, fintech companies are engineering a new hub for economic activity, and the latest EU regulations on open banking are provoking an inevitable face-off between challenger banks and traditional financial institutions.
Robinhood’s “one-time” adjustment grants new hires additional stock over the next 24 months to help employees “break even”
Money was invented (or perfected) by scientists, not economists. Meet: Copernicus, Newton, Priestley and Stornetta.
Learn the inherent properties of why Bitcoin is a savings technology, not another speculative investment.
A couple of weeks ago Alphabet shares dropped 6%, Facebook tanked 7.5%, and Amazon shed 4.5% of its value. Why did this happen? An anti-trust probe was called into life regarding Alphabet’s Google Search business and investors fear a similar fate for its tech brethren, seemingly rightfully so: This news story unearths a public debate that has been discussed intensively since the 2016 US elections concerning Big Tech’s power and the need for anti-trust legislation. A debate, which appears to have the nearly unanimous agreement that these companies should be broken up. Logically, therefore, these firms should already be broken up, yet they are not. Why is this? Aside from the strawman “The government is corrupt/incompetent” reasoning, there actually exist multiple genuine arguments for keeping Big Tech intact, which we’ll be examining in the following.
There is an anarcho-capitalist lurking in the shadows of the Argentine presidency. He is responsible for occupying the first position in opinion polls.
An economic perspective on how society allows a social contract to build entrepreneurs.
Parkinson’s law says that work expands to fill the time available for its completion. Work complicates to fill available time, but if you wait until the last mi
Freelance journalist Jillian Godsil popped her Davos cherry this year and learnt ten surprising things you might not know about Davos
The Economic Consequences of the Peace, Chapter I: Introductory by John Maynard Keynes is part of HackerNoon’s Book Blog Post series.
Diverse sections of the economy are facing very real costs from bad actors propagating fake news online. In a study, undertaken by cybersecurity company CHEQ (where I work) and the Merrick School of Business at the University of Baltimore, the full economic losses from fake news were revealed. Here are 10 sectors facing urgent and damaging losses from the epidemic of fake news.
In 1899 American economist and sociologist Thorstein Veblen wrote a book called “The Theory of the Leisure Class”. The key takeaway of this study was that for people on top of social hierarchy spending their time on elite consumption - delicious food, rare clothing etc. - instead of working was a way to highlight their belonging to the higher class.
What Is The Best Way To Improve Competition In Modern Capitalism?
I rely on the writings of my macro forefathers and translate their ideas into what I hope is a more digestible and entertaining format.
Thoughts on the US Federal Reserve's CBDC paper and request for comments from the writer of the Digital Universal Drachma white paper.
“Do you Mex?”
Why are manufacturers pushing entry-level cars out of production? Read and find out the reason why average car prices are rising.
Alternative to Wage-Capitalism: 100% Commission on your earnings, but you bid at Vickrey auction to rent the capital.
Spain's government has decided to shut down one of the country's main initiatives to promote entrepreneurship and startups.
China's economic and industry outlook for 2023.
Alright, so the problem is:
Financial crises are like human fingerprints – they may look the same and yet under ultraviolet light, there are very dramatic differences. The reality is, every crisis differs in its nature and intensity and will require a different action plan.
A look at pricing methods of Bitcoin in the context of the Stock to Flow Method and the upcoming halving.
The Economic Consequences of the Peace, by John Maynard Keynes is part of HackerNoon’s Book Blog Post series. The table of Links for this book can be found here.
The following black swan events, if they occur, may have far-reaching effects on the state of the global economy in 2023.
Disclaimer: This article does not offer financial advice, do your own research when using one of the presented products. Use these projects and services at your own risk.
Inequality and environmental degradation are inherent features of the status quo. The private sector, especially finance, is badly in need of democratization.
Supply elasticity is a property of money that allows the supply to expand and contract on an as-needed basis in order to meet demand. Well established monies like gold, as well as modern age cryptocurrencies like bitcoin and ethereum, do not have this property.
China has continuously been in global news, be it corona crisis, diplomatic relations, army conflicts or trade & commerce. Since the last couple of weeks, everyone is talking about China’s digital currency.
Imagine you are the ruler of a small country. All residents of your country use the barter system to trade goods and services. Now you find barter to be a cumbersome process because of the following reasons:
Money is a social tool to achieve cooperation among a group of people. Through history, the form of money has evolved from collectibles to coinage to currency issued by fiat. Money often reflects the values or politics of the communities that issue and use them.
A Novel Solution for Increasing Token Demand While Eliminating Volatility
Where do you go to sell a t-shirt? Shopify. Where do you go to sell a pdf? Gumroad. Where do you go to sell code? GitHub?
Another Softbank Portfolio Company That Has Toxic Culture and No Clear Path to Profitability
Chitose Nakamoto speaks about the Digital Universal Drachma, writing, philosophy, and society.
In an earlier article, I outlined the opportunities that blockchains offer investors from a wide angle. This prompted a number of requests for more in-depth analysis of the disruptive qualities of this technology. The following is a first principle examination of the market opportunities blockchain-based solutions offer within the realm of government-controlled currencies, commonly referred to as "fiat money". Quite literally addressing all the money in the world.
Welcome to part three of the Surviving Crypto Winter series (check out part one and two), where I profile companies and projects that have a shot at surviving the winds of crypto winter and thriving when dreams of spring comes again. This time I profile the an entire category of projects: privacy coins.
You’ve never heard of Yuji Ijiri. But back in 1989 he created something incredible.
This article introduces 5 Upwork alternative websites for freelancers looking for work in niche fields or people looking for entry-level micro work. With struggling economies in many countries, more and more people are turning to online freelancing as an additional source of income. Upwork is one of the most popular websites for freelancers. However, if you aren’t really getting many leads from that site, there are tons of upwork alternative sites you can try.
Money is a social tool to achieve cooperation among a group of people. Through history, the form of money has evolved from collectibles to coinage to currency issued by fiat. Money often reflects the values or politics of the communities that issue and use them.
Where to from here?
There is a multifaceted economic war quietly being waged between the major flags of the world.
SAN BENEDETTO DEL TRONTO, ITALY. MAY 16, 2015. Portrait of Darth Vader costume replica with grab hand and his sword. Care of ShutterStock for editorial use.
For this article, we focus in particular on the macroeconomy, tokenomics, macrotokenomics, governance, and decentralized applications
Projects can fail because of multipolar traps (a value sacrifice game) and surrogation traps, where means substitute for the desired ends.
So the doomsayers were right all along. Crypto was nothing but a bubble and it finally burst.
The inhabitants of cities and towns were, after the fall of the Roman empire, not more favoured than those of the country.
CIA Supervisor:
Wherever you are in this world, the chances are that you are living in some form of lockdown. A few countries have been able to relax the restrictions a bit earlier than others, mostly because they acted quickly, while others that are still experiencing high numbers of infections and deaths are easing their restrictions. Why are they taking this risk? Because ‘they’, and we’re mostly talking about the USA and the United Kingdom in this respect, appear to be more concerned about the economy than peoples’ lives.
A philosophical overview
And what it means for all of us
With crypto winter finally over, I’ve turned my heart to the green shoots of spring. But my thoughts are not warm in this first article in the Dreams of Crypto Spring series. I break down the most talked about digital currency in history, Facebook’s Libra, and the dark shadow it casts over the future.
Errors and atrocities happen when hunting for incentives, and humans manipulate the rules, ravaging natural, moral, or cultural ecosystems.
AI terrifies a lot of people.
Prediction is a tricky business.
A Pocket Economics Guide To Where Money Comes From
A bold re-envisioning of the fundamentals behind blockchain technology and economic theory, in this paper Chitose Nakamoto suggests a middle ground in crypto.
The odd symbiosis between hacking syndicates and cryptocurrency, and how they're powering each other's rise.
Money is a social tool to achieve cooperation among a group of people. Through history, the form of money has evolved from collectibles to coinage to currency issued by fiat. Money often reflects the values or politics of the communities that issue and use them.
Proof of Stake (PoS) blockchains are waiting for you to stake your crypto. Yet staking’s low participation — only 24% of the total market cap of staking platforms are locked in staking — means that crypto enthusiasts have yet to realize its benefits.
Due to several factors, the financial and investment landscape is currently undergoing a significant shift. Chief among them is the economic crisis resulting from the COVID-19 pandemic that subsequently forced nations to lock down their economies.
A security is a traditional financial instrument, such as equity, debt, or real assets. It represents ownership in (or the rights to ownership in) the aforementioned categories. Securities are also typically exclusive, rather than inclusive, because the process of buying and trading something like equity or debt is slow and expensive.
In a bid to help crypto enthusiasts with more insight and information, I reached out to Carl Runefelt, a crypto influencer, for his opinion and expert insights.
Bitcoin was created in the midst of the 2008 financial crisis, and the economic impacts of the coronavirus pandemic are setting the stage for Bitcoin’s greatest test yet.
Payroll taxes are in the news. President Donald Trump said he wanted to defer the collection of employee portion of the Social Security portion of the payroll tax in order to provide pandemic-related economic relief to workers. The Congress didn’t agree, so he issued an executive order to do just that on August 13. Much is unclear about how his order is supposed to work, and there are questions about whether it is legal.
In the context of the coronavirus crisis, many companies began experiencing cash flow shortfalls. In order to avoid the liquidity problem, which eventually may turn into a solvency issue, businesses were forced to cut their operational costs.
The world economy is facing a gigantic hurdle that threatens our future: too much money and power is being controlled by too few people.
Russia is increasingly isolated politically and economically, and countries are not the only parties choosing to flex their economic might.
A look at how to hedge against inflation by investing in real estate.
In the Beginning...
The world is moving into a new era filled with political, economic and social instability. With reports showing how most countries including the US are running fiscal deficits, capital markets are becoming increasingly volatile as economic uncertainty increases.
Merchants and manufacturers are not contented with the monopoly of the home market, but desire likewise the most extensive foreign sale for their goods.
When the division of labour has been once thoroughly established, it is but a very small part of a man’s wants which the produce of his own labour can supply.
During the 2007 crisis, I was 15 years old, obviously too young, to understand what's happening. My father was upset. He tried to explain to me that it's the crisis that has come, and we will have to cut expenses and save.
While Bloomberg has celebrated the best decade in history for financial returns, it is not a coincidence that wealth inequality has reached proportions not seen since the roaring´20s. And while this does not seem to concern the financial elites — who celebrated another fat end of the year — this is in reality a major concern for all the others, the 99,..%ers.
Men who have no property, can injure one another only in their persons or reputations.
It’s not that we don’t have a need for kings; we have a need to not have one at all!
As I write these words we’ve just passed one million known infected with COVID-19 and the economies of the “advanced” world are certainly going into a recession (two quarters of negative growth). In a globalised world physically connected by just over 100,000 flights per day, contagious disease populates the world in a matter of weeks. With a global mortality rate of around 10%, despite modern medicine, this is yet another global “plague”. But we as a globally connected society have new tools (such as lung ventilators) and new tricks (social distancing).
On the internet, "public goods" take center stage.
The stock which is lent at interest is always considered as a capital by the lender.
What do a McMansion buying spree, a pandemic, and a cryptocurrency have in common? It may be surprising but these three things have a lot of stuff in common
Public Policy is quite an obscure profession. It hides in plain sight. Most people don’t realize that there’s a piece of sophisticated machinery that constantly shapes the world they live in — a system under but also beyond politics. So let’s define it first. Public policy is any state-initiated and state-executed intervention to get a certain outcome. This outcome could be a lot of things — increase in literacy, reduced corruption, increase in exports, people using products made within the country, and so on. All of them, in theory, have the long term good of the citizens as an ever-present overarch.
No equal capital puts into motion a greater quantity of productive labour than that of the farmer.
Two decades ago, Nobel Prize-wining economist Milton Friedman said:
What if we told you that one company now owns 0.182% of all Bitcoin that will ever exist. And it's not even a Bitcoin or cryptocurrency-related company.
Smith is, after all, one of history’s most misused economists, straw-manned by the left and worshipped by the right for saying things he didn’t say.
Some of you must have a range of indices being published on the bulletin and newspapers to help investors in making decisions. While some still cannot wrap their heads around the strange list of numbers that are being read on TV. Whatever the category of people you belong, it is important to understand what it is, how it works and how vital it is for your investment and management decisions. Thus, Ezzat Daniel Nesseim is here to walk you through what the Australian share market All ordinaries is all about. Read on!
What is more important than football in a World Cup? Beer. According to a study, for many fans, alcohol is part of the social occasion of attending or watching.
The Value of Attention - why your attention is so valuable and why you're selling it too cheaply
Today we are going to discuss how the long term survivability of a prospective crypto asset is the single best indicator of its investment quality. We will also consider capital’s role in this model and why this is the best approach to investing in a crypto asset.
A look at the impacts of inflation as well as how gold is often a hedge against inflationary measures.
The Count of Monte Cristo, Volume One, Chapter 3: The Catalans by Alexandre Dumas, père is part of HackerNoon’s Book Blog Post series.
As technology advances and becomes more accessible to the masses, it must be used to get voices heard while improving governance.
The world is bursting with talks of new, exciting technologies. Blockchain, Cryptocurrencies, NFTs, DAOs, DeFi, Metaverse… where do they come from?
Summarization of Research Insights from Emerj, Harvard Business Review, MIT Sloan, and Mckinsey
To realize real merits and demerits, an ambitious person needs to evaluate objectively the results of work, comparing it with similar results of other people in similar business situations or a similar project environment.
This Slack discussion by Mario Vasilescu, Linh and me occurred in hackernoon's official #slogging-beta channel.
Stablecoins are cryptocurrencies that are backed by other assets to achieve a stable value, which creates untold opportunity for the way humans interact with money as they have the benefits of cryptocurrency (borderless, secure, low cost) while protecting the users from volatile price action. They often represent real money (GBP, USD etc) and for this reason are more easily understood by a global audience.
Foreword: You may not be aware — particularly if you live in the United States— but the global economy is now entering uncharted territory as negative interest rates become reality in Europe and elsewhere. Suddenly the financial media (sponsored in no small measure by global banks) are working overtime to ‘educate’ the masses as to why the practice of paying your bank to hold your cash makes perfect sense. (They conveniently forget to mention that they will immediately lend your money to other customers, but good luck getting negative rates as a borrower!)
Technology business owners are benefitting from an increase in consumer confidence. Here are the latest SaaS trends that are shaping the business world in 2021.
Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniencies, and amusements of human life.
(An analysis of bitcoin strategies for oil rich and sanctioned countries)
The profits of stock, it may perhaps be thought, are only a different name for the wages of a particular sort of THE COMPONENT PART OF THE PRICE OF COMMODITIES.
NFTs only make sense if you see them as playthings for the wealthy.
With a new political wind blowing through Brazil, we need to ask: What impact might Lula's election have on the buzzing startup ecosystem?
What's the future of cryptocurrency? With all eyes focused on the global economic climate and a tumultuous recent history for crypto, it's anything but clear.
All the other enterprizes of the Spaniards in the New World, subsequent to those of Columbus, seem to have been prompted by the same motive.
Although the traditional banking system remains the foundation for the present global economy, experts believe that there is bound to be a systemic overhaul of this model to cope with the current demand for optimized financial processes.
With DeFi trend steadily gaining momentum across the world, 2020 has been deservedly proclaimed as the year of “DeFi Renaissance”. Indeed, no other technological innovation shook up the world to the same extent as decentralized financial technology did earlier this year. Even in the face of such a major ground-shaking event as Covid-19, not only DeFi stood up to its position, but also magnified in value to an extent hardly envisaged half a year ago. The TVL index accurately reflects it – compared to the start of this year with $80 million, the total value has now augmented to the transcendental value of $11 billion.
The Economic Consequences of the Peace Chapter VI: Europe after the Treaty by John Maynard Keynes is part of HackerNoon’s Book Blog Post series.
China is transitioning itself to a Social Credit currency. Facebook is evolving from a social network into a bank. Credit card companies leak how "risky" you are to hackers. The world is changing, and fast. And so should the conversation.
TL;DR: Contrary to the prevailing “fractional reserve” narrative of money creation in the crypto community, Central Banks today admit to money creation in the economy by individual banks as being more nefarious than previously propagated in mainstream economic and financial disquisition. Money is in fact empirically created ex nihilo, where loans create deposits (and bank lending is not reserve constrained). Owing to its superior monetary attributes as a store-of-value (SoV), the implication of this empirical finding further justifies Bitcoin’s role as the best alternative for the average citizen, in the 21st century, to hedge against the frequent financial and economic crises we experience worldwide triggered by our debt/credit-based economic system.
This division of labour, from which so many advantages are derived, is not originally the effect of any human wisdom.
The Count of Monte Cristo, Volume One, Chapter 4: Conspiracy by Alexandre Dumas, père is part of HackerNoon’s Book Blog Post series.
I Interview Gerard Dache of the Government Blockchain Association, who promote blockchain technologies to solve public sector challenges around the world.
What's the problem with unfulfilled technological ideas and ideals? A critical perspective on the blockchain and DAOs that offers a better "Future of Work".
I recently joined the American Blockchain PAC as its senior counselor.
It is a mistake to imagine that those territorial jurisdictions took their origin from the feudal law.
The precariat is a class of socially unsettled people who do not have full guaranteed employment.
The failures of the USD as a global reserve currency mean that we must reimagine money.
There is one sort of labour which adds to the value of the subject upon which it is bestowed; there is another which has no such effect.
Others admit, that if a nation could be separated from all the world, it would be of no consequence how much or how little money circulated in it.
The general industry of the society can never exceed what the capital of the society can employ.
If the rod be bent too much one way, says the proverb, in order to make it straight, you must bend it as much the other.
The progress of many of the ancient Greek colonies towards wealth and greatness seems accordingly to have been very rapid.
The greatest improvements in the productive powers of labour, and the greater part of the skill, dexterity, and judgment.
When the stock which a man possesses is no more than sufficient to maintain him for a few days or a few weeks, he seldom thinks of deriving any revenue from it.
Futarchy: a possible improvement on democracy? This article examines the futarchic blockchain governance model and its potential impact on political systems.
The world economy has taken a course towards the advanced development and implementation of additive technologies of dimensional shaping.
I think about this conversation I had with Paul a lot. It kicked off what has now been over three years of imaginative, grueling, wonderful, painful, mind-blowing, and confounding work-- all of which took place alongside the minds of amazing co-founders, teammates, and advisors.
What steps should El Salvador take to further bitcoinization and foster its economic development. Saylor and Tudor Jones: start lobbying for Bitcoin
9x Noonie Nominee Adrien Book (France) helps big companies with strategic stuff, and is currently learning Russian, while optimizing a fairly complicated sleep cycle. Read on!
Gradually and already palpably, Covid-19 is setting the global economy to the new order. Apart from delving financial institutions into a slump not visible since the Second World War, and it caused a dramatic digital surge which is set to transform organizational practices once and for all. That’s what McKinsey report points at: same organizational principles that applied before can no longer be sustained, and the flatter, more agile and empowered structure has to be brought into force. All of that lays down the ground for new rules and opens a completely new paradigm in which organizations have to withstand.
Small republics have sometimes derived a considerable revenue from the profit of mercantile projects.
In the morning, we rub our eyes and stretch ourselves, ready for a new day. After washing,we open the refrigerator, take out the sandwiches and milk we bought last night, put them in the microwave to heat up, and perhaps go to the living room to open the meditation videos stored in the tablet and relax with the rhythm of music.
Everyone knows they need to act now to stop the coronavirus.
By Yuanling Yuan, edited by Josh Constine
The hunger for connection is one of the psychically chthonic forces that can drive demand for NFTs.
This original engrossing of uncultivated lands, though a great, might have been but a transitory evil.
Billionaires matter in America. Ignore them at your own risk.
An Inquiry into the Nature and Causes of the Wealth of Nations, by Adam Smith is part of HackerNoon’s Books series. Raed this book online for free on HackerNoon
On October 6th 2020, the House lawmakers released a 449-page report investigating how Amazon, Apple, Facebook and Google managed to turn from “scrappy” start-ups into “the kinds of monopolies we saw last in the era of oil barons and railroad tycoons”. This comparison is not misleading since data is referred to as the new oil.
The Economic Consequences of the Peace Chapter III: The Conference by John Maynard Keynes is part of HackerNoon’s Book Blog Post series.
The Economic Consequences of the Peace, Chapter II: Europe before the War by John Maynard Keynes is part of HackerNoon’s Book Blog Post series.
What needs to happen for DisCOs to grow and flourish across the economy?
As it is the power of exchanging that gives occasion to the division of labour so the extent of this division must always be limited by the extent of that power
It is but a very small part of this importation which, it can be supposed, is employed as an annual addition, either to the plate or to the coin of the kingdom.
CBDC is a digital liability of a central bank that is widely available to the general public, and analogous to a digital form of paper money.
The Count of Monte Cristo, Volume One, Chapter 6: The Deputy Procureur du Roi by Alexandre Dumas, père is part of HackerNoon’s Book Blog Post series.
The Economic Consequences of the Peace Chapter VII: Remedies by John Maynard Keynes is part of HackerNoon’s Book Blog Post series.
The Count of Monte Cristo, Volume One, Chapter 7: The Examination by Alexandre Dumas, père is part of HackerNoon’s Book Blog Post series.
It is not easy, it has already been observed, to ascertain what are the average wages of labour, even in a particular place, and at a particular time.
The Count of Monte Cristo,Volume One, Chapter 5: The Marriage Feast by Alexandre Dumas, père is part of HackerNoon’s Book Blog Post series.
The produce of labour constitutes the natural recompence or wages of labour.
Of the Unreasonableness of those Restraints, even upon the Principles of the Commercial System.
A part of their wool and raw hides, they had generally an opportunity of selling for money.
Every man’s interest would prompt him to seek the advantageous, and to shun the disadvantageous employment.
The Economic Consequences of the Peace Chapter IV: The Treatyby John Maynard Keynes is part of HackerNoon’s Book Blog Post series.
Money, therefore, is the only part of the circulating capital of a society, of which the maintenance can occasion any diminution in their neat revenue.
Bounties upon exportation are, in Great Britain, frequently petitioned for, and sometimes granted, to the produce of particular branches of domestic industry.
Such are the advantages which the colonies of America have derived from the policy of Europe.
The Economic Consequences of the Peace Chapter V - Reparation by John Maynard Keynes is part of HackerNoon’s Book Blog Post series.
The third and last duty of the sovereign or commonwealth, is that of erecting and maintaining those public institutions and those public works.
Civil government supposes a certain subordination.
The rent of land, it may be thought, is frequently no more than a reasonable profit or interest for the stock laid out by the landlord upon its improvement.
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