You’ve probably heard of the term “The House always wins”. A saying that stemmed from casinos and places of gambling due to the fact that in the long run, they always win. The house always wins because at the end of the day casinos are still businesses and need to keep making a profit in order to keep the lights on. Read more
If you’ve ever needed to send money abroad, then you’ve probably used or at least thought of using Western Union. They have quite a large presence in the field along with a solid user-base that frequently uses their services. So, just how and where did it all start and how relevant are Western Unions’ services today compared to all the different online solutions that we now have available to us. Read more
The last global economic crisis was in 2008 and a decade has since passed. The subprime mortgage market in the USA lead to a full-blown international banking crisis that would take the world just over a year to recover. Read more
Did you know that out of the entire world’s currency, only 8% of it is actually physical cash? That’s a huge amount of the world’s currency that isn’t physically circulating between the populations’ hands. In the USA alone, an estimated amount of around $650 million USD is printed every single day! Now not to worry, that doesn’t mean that every day there is an additional $650 million USD being put into circulation. Read more
Just about every nation’s government uses the fiat monetary system for their country. But this wasn’t always the case, as the majority of countries used to be tied to the gold standard. Or at least some sort of scarce commodity. So, why did governments move away from it? Read more
Money has come a long way since its dawn. The entire concept has evolved from the old-school barter system, which relied on the traditional coincidence of want, to the decentralized digital cryptocurrencies of today. And like most other things in life, convenience was one of the biggest factors for the evolution of money because after all, necessity is the mother of invention. Read more
The most common way of exchanging your Cryptocurrency for another is to do it through a Crypto exchange. It can be a pain in the butt when registering an account on a Cryptocurrency exchange and the exchanges that you already have an account on, may not have your desired trading pair.
I’ve been on a bit of a “The Different types” trend with my articles lately, so I’ve decided to keep that trend going for a short while longer.
And now, of course, this article is about the different types of Blockchains. Read more
The year is 1958. A young physicist named William Higinbotham works at Brookhaven National Laboratory developing new technologies for the US arms race with the Russians. The laboratory where Higinbotham worked had a few very early computers, dedicated to calculating trajectories of ballistic missiles.
You may or may not have noticed that memes and general shitposting are quite a large part of today’s crypto culture. If you were to hop on Reddit or take a quick stroll through Twitter, it wouldn’t be long before you start seeing posts along the lines of; “What each cryptocurrency would look like if they were toasters” or a photoshopped photo of doge sitting in a car with sunglasses and a gold chain around its neck with the captions mimicking that of a rap song (don’t worry, I’ll provide pictures of these below).