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Posts Tagged: “Store of Value“
Payments Tech Undermines Core Purposes of Money
Modern payments technology simultaneously shows the beauty of technology as well as its fragility. Through compression of information and allowing for lower data use when transactions are being made, they are able to allow transactions to occur more fluidly and they let the underlying currency fulfill its role as a medium of exchange more effectively. […]
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Insurance With a Little Shine
Everyone knows that all investments carry some amount of risk. This ranges from highly speculative cryptocurrencies to low return bonds with far lower risk. One area that people do not assign enough risk to is insurance. Insurance is supposed to be a safeguard against risk, so it seems odd to recognize that it also can […]
Powell Says Bitcoin is “Just Like Gold.” Except It’s Not
Jerome Powell recently told reporters that Bitcoin is “like gold—only digital.”
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