Charlie Bilello showed some official inflation rates in banks around the world: Global Inflation Rates… And then posted the Real Central Bank Rates (rate minus inflation)… US: -4.9% Poland: -4.7% Brazil: -4.6% Saudi Arabia: -4.3% Canada: -3.2% Chile: -3.1% Malaysia: -3.0% Norway: -2.7% Eurozone: -2.5% Philippines: -2.5% S. Korea: -2.1% Read more…
I strongly suggest people listen to this discussion from the Bitcoin Standard Podcast. Even if you don’t think you care about the Islamic way of life and how they treat money, I guarantee you that you’ll find it fascinating. Is Bitcoin the most Islamic form of money? What do Muslim Read more…
Scene from the show Mr Robot. It is eerie how accurate the exchange is. I’ll admit I didn’t see it coming back then. All rights belong to their respective owners.
I know a lot of people have difficulty thinking about prices in Bitcoin, or Satoshis even. For one, it hasn’t stabilized yet, so that’s a main issue. As for changing currency, it’s no different than using a different currency in another country. You go to England, you use British Pounds. Read more…
Watch this short video with Breedlove. Please note the part where he says that currency is created organically by people trading, not the governments.