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Who creates money?
Who creates money?
Physical cash — the actual paper and coins — is a small fraction of all the money in existence. In most modern economies it sits well under ten percent. The... Read more...
What is Money?
What is Money?
Ask someone what money is and watch what happens. They'll open their mouth, stop, and try again. Usually they land on an example like "it's the dollars in my account"... Read more...
Bitcoin Didn't Fail. My Security Plan Got Better.
Bitcoin Didn't Fail. My Security Plan Got Better.
When something goes wrong, the reflex is to blame the biggest, most visible thing in the room. The technology. The product. The “system.” It feels like progress, but if you... Read more...
What Is Purchasing Power? (And Why It Matters More Than Your Salary)
What Is Purchasing Power? (And Why It Matters More Than Your Salary)
Purchasing power is simply the amount of goods and services your money can buy. If $100 buys ten grocery bags today but only eight grocery bags five years from now,... Read more...
What Is Fiat?
What Is Fiat?
Fiat money is money that has value because a government declares it to be legal tender. Unlike gold or silver, it isn't backed by a physical commodity. Read more...
Why I Created Bit Babe
Why I Created Bit Babe
At first glance, Bit Babe looks like a jewelry brand. And yes, we make jewelry. But that’s not what inspired me to create it. I started it because learning about... Read more...