In “The Fiat Standard” Saifedean Ammous defines fiat currency as: A compulsory implementation of debt-based centralized ledger technology monopolizing financial and monetary services worldwide. In other words it’s government money, that we have no choice but to use. And instead of being a commodity with some market value in itself, fiat currency itself is based […]
What is Fiat Currency? Your Guide to Government Money Read More »
The best gold coins to buy for an investment are the ones that you can easily resell. That means avoiding more obscure products and sticking with highly liquid coins issued by national mints. In no particular order, these are the best investment coins: While there are a few subtle reasons that might make one of
The Best Gold Coins To Buy For Investment Read More »
Bitcoin SV emerged from one of the most contentious disputes in Bitcoin’s history. Bitcoin Cash hard forked from Bitcoin, with Bitcoin SV then hard forking from Bitcoin Cash. This was the era of the block size wars, an intense debate about scaling, protocol governance and the identity and future of Bitcoin itself. If you want
A Short History of Bitcoin SV: From Fork to Controversy Read More »
I believe that the distributed ledger, rather than the hard supply cap of 21 million coins, is in fact the defining feature of Bitcoin. When you think of Bitcoin it is normal to think of a digital coin. You can’t touch it or taste it but you might think of yourself as owning a digital
The Distributed Ledger Is What Makes Bitcoin So Genius Read More »
The history of American gold coins is a fascinating numismatic journey over two and a half centuries. From the first Liberty Cap eagles of 1795 to the modern American Gold Eagle of the fiat era, the story of America’s coinage tells a story about the economic journey of the nation. Whether you are interested in
A Short History of American Gold Coins: From 1795 Turban Heads to Modern Eagles Read More »
One frequent criticism of the gold standard is that it caused the Great Depression. And that the recovery only happened because the tie to gold was severed by FDR in 1933. The argument says that gold was a handbrake on money creation and that stimulus was necessary to avoid a deflationary spiral. This has become
Did The Gold Standard Cause The Great Depression? Read More »
The two best countries to store gold, in my view, are Singapore and New Zealand. Of course you will need to determine what is right for your personal situation but these two countries are widely considered premier destinations. Gold has been a store of value for thousands of years and nothing has changed. It is
Best Countries to Store Gold: 13 Locations for Your Precious Metals Read More »
New Zealand is a location where you will find a range of quality, secure, transparent and reliable gold storage providers. It is widely considered one of the top countries for storing gold. When it comes to protecting your wealth, few assets have stood the test of time like gold. But owning gold is only half
Best Gold Storage in New Zealand Read More »
Did you know there are actually 6 different types of gold standard? These are: All are significant in the history of gold. You often hear people mention the gold standard. Perhaps you even throw that term around yourself from time to time. It’s helpful to know the nuances of each if you ever enter into
The 6 Different Types of Gold Standard Explained Read More »
In 211BC the silver denarius became the dominant monetary unit of the Roman Republic. In 211BC the denarius had a silver content of 4.5g with 95% fineness. By the time the it had finished its decline the silver content of the denarius was a mere 2%. The silver content of a Roman denarius depends on
What Was The Silver Content Of A Denarius? Read More »