I wrote a piece on Forbes recently in which I described a bimetallic system of coinage and suggested how such a system might work - or rather, fail to work - for Bitcoin. These are the relevant paragraphs: In a bimetallic system, there are effectively two currencies which are linked by a fixed exchange rate set by fiat. At the end of the 19th century - the time of Bryan's speech - Britain's ... If Bitcoin was a digital pantheon of economic exchange that was going to usher in the modern era of banking, then you know who would be all over that shit? BANKS. It's not a cabal of evil capitalists trying to crush the revolution. It's a few uninformed people, and a bunch of people who have genuine grievances based on their understanding of monetary policy and finance. Maybe in some cases ... Bitcoin Economics Lessons in Bitcoin Economics. (Mosler Explains Modern Monetary System Through MMT) Warren Mosler, the Godfather of MMT Notice that the current surging value of bitcoin (and its general unpredictability) is the very thing that makes it unsuitable as a medium of exchange. If bitcoins are rapidly appreciating in value – i.e. if there is rapid and ongoing price deflation for prices expressed in bitcoins – then people will want to acquire bitcoins primarily for the purpose of holding them, not exchanging them ... Top Bitcoin exchange Coinbase has decided that trying to defy the law, in terms of not complying with a IRS summons requiring it to turn over information about customers who had engaged in more than $20,000 in Bitcoin transactions in a year, was not a viable position. Apparently Coinbase had had the Silicon Valley libertarian chutzpah to think the rules didn’t apply to them. The IRS does not ... It’s hard to quarrel with MMT pioneer Warren Mosler’s argument that in any society, developed or developing, state-funded transitional jobs would be better than long-term unemployment, which ... Bob brings on MMT superstar Warren Mosler to explain—not to debate!—his understanding of Modern Monetary Theory. After summarizing Mosler’s interesting background, the two discuss the assumptions behind MMT and its implications for economic policy. For more information, see BobMurphyShow.com. Keywords: complementary currencies, Bitcoin, Sardex, ... functions not only as a medium of exchange or a unit of account, but also as a store of value. This open-mindedness, however, is not common ... Das garantiert kostenlose Trades, wertet jedoch die Coins ein Mal im Jahr ab. 8) Binance Coin (BNB) Binance Coin ist wie DGTX ebenfalls ein Exchange-Coin. Er wird ausschließlich auf der Kryptobörse Binance gehandelt. Dass Binance in dieser Liste erscheint, hat einen einfachen Grund: Binance ist aktuell die größte und erfolgreichste Kryptobörse der Welt. Sollte es zu einem erneuten ...
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