Digital currencies are not a new concept. Digital currencies like e-gold or DigiCash have been tried in the past, but we all know that they haven’t been successful so far. Enter ‘Blockchain’. With the advent of blockchain and rise of cryptocurrencies, the topic of digital currencies is again being discussed …
Read moreWho Is Issuing Central Bank Digital Currencies (CBDCs) & What They are?
My life turned upside down 3 years ago when I learned about the difference between money and currency. And I am sure yours too will. Listen: I urge you to read this post in its entirety and take a moment to ponder upon it. If you don’t yet understand the …
Read moreMoney Vs Currency: Demystifying The Truth Between The Two
Money is a fascinating thing. Fascinating because many want it when they are barely even able to explain what it is when asked. It is probably the thing that takes a lot of space in your subconscious mind, if not consciously. Since you, have asked this question my friend, should …
When I hear the word ‘Fiat’, I think of a nice little Italian car brand. And I believe you also think the same. But ‘Fiat’ also means something that you wouldn’t like if you understand the meaning of it. …a meaning that you will regret, you had known earlier. And …
Read moreBitcoin vs Traditional Fiat Currency: Understanding What Is Fiat Money !!
You all must have heard of this saying: “Mo’ money, mo’ problems” When I heard it for the first time and started thinking about it, I concluded that money sure must be evil. But as I grew up and learned more about money, I learned that it was not necessarily …
Read moreIs Bitcoin Real Money?: Understanding Different Types Of Money