A world under a bitcoin standard would look vastly different from today. Most importantly, the system will benefit all participants. A key aspect of bitcoin from this standpoint is that there is close to no inflation. Removing the ability for governments to print money will greatly reduce the wealth gap, … See more Sound money imposes fiscal discipline upon governments. Having a monetary system with a sound money base means that the money … See more Economies flourish under sound money systems. When the unit of account is stable, and not manipulated at will by governments, economic actors enjoy increased ease of trade, increased levels of savings and … See more Individuals living under a sound money system have many benefits, some of which we discussed above. Free from having to run ever faster and work ever longer in order to … See more WebSound Money A somewhat polemical term for a currency backed by a tangible commodity such as gold, silver or platinum. Sound money has an intrinsic value, but is more susceptible to deflation than fiat money.
The Alt Asset Allocation Podcast on Apple Podcasts
WebJan 10, 2024 · Our look at claims that Bitcoin is a Ponzi scheme included a look at the success of bitcoin spilling over into other crypto-money products of varying degrees of … WebJun 19, 2024 · Cointelegraph spoke to the creators of popular Bitcoin-related games and educational tools to understand why teaching kids about sound money is critical, and some of the best ways of doing so. chipotle leesburg fl
Heavy initial demand a necessary condition for sound money?
WebNov 7, 2024 · Bitcoin meets all of the prerequisites for sound money and is built for the digital age of the Internet, a vast improvement in transferability and personal sovereignty … WebJan 3, 2024 · Bitcoin’s known issuance rate, final maximum amount of 21 million Bitcoins and its decentralised nature means that it can potentially fulfill the role that gold played … WebFeb 22, 2024 · Sound Money is a concept predating the internet that inspired the invention of Bitcoin and blockchain technology. Money can be considered sound if it has several quantifiable properties, and these properties are encoded into ETC. One important property is scarcity, which ETC gets from its fixed emission curve leading to a known future supply. gran turismo 3 best car for each race