Wielding the Tools of Liberty: Exploring Wendy McElroy’s Latest Book ‘The Satoshi Revolution’

When Satoshi Nakamoto launched the Bitcoin network, not only was the protocol a breakthrough in computer science, but it transformed the way society perceives...

Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency

While people tend to think of money as being all the same, the fact is governments and banks use different types of money than...

Crypto Secularizes Wealth by Returning Power to the People

Secularization is the process of converting something from a religious status to a nonreligious one. In its usage here, the word “religious” has no...

How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise

Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all...

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt

Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between...

Owning Fiat Just Got More Expensive – NIRP Strikes Again

With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are...

Is Bitcoin Money? Revisiting Mises’ Regression Theorem

Over 100 years after the publication of Austrian economist Ludwig von Mises’ “The Theory of Money and Credit,” the ideas outlined therein are still...

Hayek’s 1984: Rediscovered Footage Shows Austrian Economist Predicting Bitcoin

Born in 1899 in Vienna, Nobel Prize-winning economist F.A. Hayek is a legend of sorts in voluntaryist, libertarian, and crypto-economic circles. Freshly rediscovered video...

Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics

The U.S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in...

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