Tag: Money

Argentina’s Example Shows That You Don’t Own Your Money

Argentina’s Example Shows That You Don’t Own Your Money Cash shortages, bank closures and ATMs running out of funds seems to be the new norm for many countries, and recently increased capital controls in Argentina are further testament to this unsettling trend. Sunday’s election of president Alberto Fernández has resulted […]

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

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 proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound […]

Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash

Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using […]

Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money Discussed

Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money Discussed Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet […]

McAfee Hints Institutional Money Won’t Bring Bitcoin Revolution

McAfee Hints Institutional Money Won’t Bring Bitcoin Revolution In a tweet posted Monday, September 23, Libertarian presidential candidate and crypto rebel John McAfee wrote: “BAKKT goes live today. It is institutionalized and monitored … if you are “initiated” into crypto, then you certainly won’t use it and will spend time […]

Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money

Distrust of the Bolivar Prompts Venezuelans to Seek Sound Money There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash. The Venezuelan country has been suffering from rapid inflation and many people […]

Crypto Facilitates Money Transfer for Restricted China

Crypto Facilitates Money Transfer for Restricted China Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal for nationals to send over $ 50,000 in fiat money in a day, without government permission. Restrictive banking regulations, international trade […]

Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money

Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing […]