By adopting Bitcoin as legal tender, El Salvador will be the first nation to say that the cryptocurrency is a national currency.
Asked about the meaning of money, we might be surprised to see a circular chunk of limestone compared to a U.S. dollar bill.
While cities, states, and countries have many more cashless transactions because of the pandemic, there is a downside.
Worried about contaminated currency, monetary officials have quarantined cash and limited its circulation during epidemics.
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.
Looking at the economic impact of India’s 2016 demonetization of large denomination rupees, researchers concluded that cash still matters.
Although going cashless seems to be a trend, we are printing more $100 bills for people in the U.S.and elsewhere in the world.
Using color, size and content, better banknote currency design would make our dollar bills more functional and meaningful.
By spending bitcoin, we see the multiple reasons that calling it a cryptocurrency can be misleading because it is not money.
When Rush Hour 2 needed many millions in 100 dollar bills, Independent Studio Services (ISS) sent them 14 pallet loads of 4′ x 4′ cubes of fake money. During the filming, the Secret Service showed up, issued a cease and…