Of all the forms of money found in history, one stands out as the closest match to how Bitcoin works. It is the ancient monetary system built around Rai stones on Yap Island, now part of the...
Posts by James Wayne Seaman
Not every form of money survives. Some thrive for centuries. Others collapse fast once new technology makes them easy to produce. One powerful example comes from West Africa, where aggry beads once...
Money only works if people accept it. This idea sits right beside the stock-to-flow ratio when we talk about what makes a monetary good strong. The more people accept a form of money, the more...
Money has always survived or failed based on one simple truth: the harder it is to create, the more people trust it. When a natural, political, or technological change makes a money supply easy to...
Carl Menger, founder of the Austrian school of economics and the father of marginal analysis, studied how people make choices in real markets. From this, he discovered the main trait that allows a...
Bitcoin is a new kind of money built for the digital age. It solves one of humanity’s oldest problems: how to move value across both time and space. To understand why Bitcoin matters today,...