Satabank And Hardness Of Money

Satabank And Hardness Of Money

One of the main reasons why people give value to Bitcoin is because is hard money i.e. it is hard to add quantity to its supply. There is an inborn instinct for humans to want scarce things. The people who value Bitcoin scarcity are using Bitcoin as Store of Value...
The US stocks tumble, Venezuela shifts to Bitcoin

The US stocks tumble, Venezuela shifts to Bitcoin

The day when U.S. stocks tumble the most since February Venezuela posted its largest-ever Bitcoin trading volumes. Last week a risk-off tone gripped financial markets, roiling technology and industrial shares a broad selloff took the S&P 500 to the lowest in three...
There are 12 zeros in a trillion

There are 12 zeros in a trillion

A trillion is a million of a million. There are 12 zeros in a trillion. 0(1) 0(2) 0(3) 0(4) 0(5) 0(6) 0(7) 0(8) 0(9) 0(10) 0(11) 0(12) The human mind is limited to imagine large numbers due to the nature of evolution. Why would it be good for the caveman to look up at...
“What matters in money is its purchasing power…”

“What matters in money is its purchasing power…”

United Nation’s General Assembly has covered discussion on blockchain and cryptocurrencies. The outstanding speech comes from Malta’s Prime Minister Joseph Muscat: Malta has positioned itself as the “Blockchain Island,” which will introduce favourable regulations for...