by robinbloor | Jul 25, 2019 | CryptoCurrency
China Wants to Tame Crypto Dance like nobody’s watching. Think like you’re Xi Jinping. “China is not democracy and will not become democracy. I am leader for life (not even think of word “emperor” except in dreams). We not Marxist, Communism never worked. We are...
by robinbloor | Jul 25, 2019 | CryptoCurrency
The Story of Inflation and Hyperinflation People don’t think much about currency; they just use it. They don’t notice a currency holding its value; they only notice when it doesn’t. Historically, the most frequent cause of a currency losing its value is: governments...
by robinbloor | Jul 25, 2019 | CryptoCurrency
What is the money supply? If you ask this question of most cryptocurrencies you get the same answer. The supply of the currency is determined by algorithm. With some cryptocurrencies — the Permission Token and Ripple are examples — the money supply is fixed from the...
by robinbloor | Jul 25, 2019 | CryptoCurrency
People earn money, buy stuff with it, and squirrel it away under a mattress. but understand very little about its nature. These postings hope to change that. They provide a stepwise introduction to both money and cryptocurrency. Let’s Begin With A Mild Dose of...
by robinbloor | Jul 25, 2019 | CryptoCurrency
A cryptocurrency is either legal tender or a token or a tulip bulb. At least you can look at it that way. The Legal Tender Benders Let’s begin with “legal tender.” Governments are concerned — well they might be — that cryptocurrencies will usurp national currencies....
by robinbloor | Jul 25, 2019 | CryptoCurrency
The blockchain will restore balance to a market that desperately needs it — the ad market. There is an unusually large number of blockchain companies desperate to get involved. When I last took a look, I counted nineteen. This is the list: Permission.io, Adbank,...
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