Is Now A Good Time To Reevaluate Keeping Cryptocurrencies?
At the time of writing, Bitcoin was approaching a new high of $20,000 USD per bitcoin. What has changed since the last time this high was reached?
bitcoin
The Risks of Bitcoin
There are risks with bitcoin that investors need to be aware of in order to manage them. They may be out of the control of investors but at least there are steps one can take in order to minimize the risk. The risks will not be eliminated but at least…
What Is Bitcoin, How Is It Different From “Real” Money, and How Can I Get Some?
Bitcoin is a virtual currency. It doesn’t exist in the kind of physical form that the currency and coin we’re used to exist in. It doesn’t even exist in a form as physical as Monopoly money. It’s electrons – not molecules.
Bitcoin Is Here to Stay
The next phase in the Bitcoin revolution will be the standardization of the exchanges where the coins are traded. Bitcoin is currently in the Wild West prospector days of its evolution. The world has agreed that a Bitcoin provides a stored measure of…
Transaction Rights: A Key Byproduct of Blockchain Technology
In Bitcoin-like monetary systems, what block chaining essentially collects is not money, but rather transactions: it is transaction rights that essentially depend on chaining blocks, not money creation. So the block-chaining reward is always…
The IRS Speaks Out Regarding Bitcoin
Is bitcoin money or property? To the IRS, at least, it isn’t money.
Bitcoin: The New Asset Protection Technique in Divorce Cases
Asset protection is often used in divorce cases to try and hide assets from the other party. Bitcoin is a new digital currency that has the potential to be used as an asset protection strategy to hide assets in divorce cases. Divorce attorneys must…
Mortgage is paid with bitcoin
For the last 40 years, the government and those in charge of Wall Street have been rigging the game against all the rest of us, killing the American Dream. Bitcoin stands poised to return financial control to the average guy.
Social Multiequivalence: Decentralization through money
This article redefines money as any form of social multiequivalence. It shows why money alone can preserve the whole ownership of commodities during their exchange, by representing its decentralization. Then, it shows how either money becomes further…
Money was metarepresented
Money represents a future commodity ownership. However, the only way of keeping this ownership rightful, hence decentralized, is to price commodities in metarepresented money. Any otherwise priced future ownership will not remain rightfully…