Adopting bitcoin during September 2021, El Salvador’s political leadership did not know all that could go wrong…and it did.
What is Bitcoin?
With the bankruptcy filing of the largest cryptocurrency exchange, FTX, the need for regulation (and the Howey Test) is ever more apparent.
How New British Coins Will Be Different
Looking at the history of British coins, we see a tradition that mandates the direction in which the image of the monarch faces.
Where To Stash Your Cash
Displayed by Argentina’s inflation, when a local currency plunges in value, the demand for U.S. hundred dollar bills skyrockets.
A Bitcoin Story With The Right Incentives and the Wrong Results
Trying to encourage bitcoin use, El Salvador had all the right incentives but still wound up with unintended consequences.
Why Zimbabwe Laundered Money
With a renewed need to launder tattered U.S.dollar bills, we have the return of Zimbabwe inflation and their problematic monetary policy.
Where September 7th Is Bitcoin Day
By adopting Bitcoin as legal tender, El Salvador will be the first nation to say that the cryptocurrency is a national currency.
Where Money Is Not What We Expect It To Be
Asked about the meaning of money, we might be surprised to see a circular chunk of limestone compared to a U.S. dollar bill.
When It’s Legal to Launder Our Money
Worried about contaminated currency, monetary officials have quarantined cash and limited its circulation during epidemics.
The Human Side of Money
Economic anthropologists focus on the human side of money when they see us now and in the past, as individuals, as families, and as one world.
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