TL;DR – We have dug ourselves in trouble by way of varying measures of monetary expression. Bitcoin gives us, at the very least, a standard unit with which to measure the distance to the surface. The ...

A US $100 bill costs the government about 17 cents to print. Yet hand one to a stranger and they'll give you a hundred dollars' worth of real goods in return: groceries, a tank of fuel, a night in a ...

The following article is part three of our series on the 2022 Amendments to the UCC. Please read the first two articles for context. I am going to get right to the point here – the reason that the ...

Fiat money refers to a type of currency that holds value because a government declares it as legal tender, rather than being backed by a physical commodity like gold or silver. Most modern economies ...