Category: Crypto

Economics by GeoPolitic.orgJul 20, 20211:21 am

Bitcoin’s Line In The Sand: Where Whales Are Buying

One thing that distinguishes Bitcoin from traditional financial instruments is its open immutable ledger. Anyone can see anything that is going on on-chain and nobody can temper with the data. That means, in principle, on-chain […]

Eurasia by GeoPolitic.orgJul 14, 20211:40 pm

China’s Banned Bitcoin Miners Flee In Search Of Cheap Electricity

After the Chinese government banned cryptocurrency mining in last month, hundreds of fellow miners gathered in a luxury hotel in Western China to discuss their next steps; specifically – where to find abundant, reliable, and cheap electricity to […]

Economics by GeoPolitic.orgJul 8, 20214:08 pm

Can the Dollar Survive both Cryptocurrencies and China?

In his book Denationalisation of Money, F.A. Hayek argued that governments have never devoted their power to providing proper money over time. They “have refrained from grossly abusing it only when they were under such a […]

Economics by GeoPolitic.orgJul 7, 202110:39 pm

Currency Wars: The World Is On The Verge Of An Epochal Monetary Revolution

Currency Wars – Special report on the future of the monetary system The world economy may be on the verge of the largest upheaval of its monetary system in a century. The competition between freely-created […]

Economics by GeoPolitic.orgJul 7, 20211:16 pm

Beyond the Dollar Creditocracy: A Geopolitical Economy

Preface by Alexander Losev, Director General, Sputnik Asset Management “Beyond the Dollar Creditocracy: A Geopolitical Economy” is how American and Canadian economists Michael Hudson and Radhika Desai, respectively, titled their paper centred on the rise of the dollar to the financial Olympus […]

Economics by GeoPolitic.orgJul 7, 20211:05 pm

From Livestock to Bitcoin: “Legitimacy” and the Evolution of Money

Once a society embraces the division of labor, direct exchange becomes increasingly infeasible. Without money, specialization is constrained; without money, dreams of constructing an advanced society are merely a utopian pipe dream. At its core, […]

Economics by GeoPolitic.orgJul 6, 20213:07 pm

Ethereum 2.0 Will Supercharge Staking Industry By Tens Of Billions, JPMorgan Estimates

It’s hardly a secret that the Wall Street/central bank establishment is not a fan of energy-intensive proof of work (PoW) crypto tokens in general and bitcoin in particular. Even Elon Musk infamously U-turned in his […]

Economics by GeoPolitic.orgJul 3, 202112:19 pm

Can the Lightning Network Lead to “Hyperbitcoinization”?

I spent the last week at the Bitcoin Lounge nestled cozily amid the Free State Project’s annual Porcfest in New Hampshire—named for the Porcupine, the libertarian mascot, and located just 7 miles from the infamous […]

Economics by GeoPolitic.orgJun 28, 202111:04 pm

Is China’s Bitcoin Mining Ban A Benefit In Disguise?

Beijing’s broadening ban on cryptocurrency mining has – for now – crippled the industry and sent bitcoin prices collapsing. But as bitcoin miners move to other regions and countries, China’s recent action could usher a period of greater […]

Economics by GeoPolitic.orgJun 27, 20217:17 pm

Cryptocurrency Exchange Binance Banned In The UK

Binance, one of the world’s largest cryptocurrency exchanges, was banned on Sunday from any regulated activities in the UK when Britain’s financial watchdog the Financial Conduct Authority imposed stringent requirements against Binance, a sprawling digital […]