Economics

350 Articles 4 Followers


Bitcoin vs. Fiat - Round 1

20 Nov 2021 5 minute read 3 comments hifi.bitcoin

Listen to this article as a podcast. The history of our world is full of financial crises. A review of various powerful governments from the past, such as the Roman and British empires, reveals that their downfalls had just as much to do with econom...

Differentiating Gambling from Investing

3 Nov 2021 5 minute read 1 comment kev_nag

INTRODUCTION It is very true that both gambling and investing involve choice and risk, specifically both activities involve the risk of a certain amount of capital with the future anticipation of a return of profit. But gambling over the long run yie...

Another Example of Why We Need Crypto

3 Nov 2021 1 minute read 0 comments nealmcspadden

Despite knowing better, I browse Reddit a fair amount. Today, I came across this gem: I'm not going to link to the post because the particular post doesn't matter. This kind of stuff is all over the place. I am eternally confused by these kinds of S...

What is Game Theory, and How Does it Apply to Bitcoin?

14 Oct 2021 4 minute read 7 comments MintDice.com

Over the years, you may have heard of something called game theory, especially when it comes to discussing the relationships between some of the most powerful countries in the world. And game theory can actually be a very useful way to predict the f...

(JaiChai) Those who forget the past... (Re: Japan, Africa)

11 Oct 2021 1 minute read 0 comments JaiChai

  image source   It is wise to remember how post-war Japan went from "a maker of cheap, low quality products to the nation that dethroned 'The Big three of Detroit'; that is, General Motors, Ford Motor Company and Fiat Chrysler Automobiles". You...

Power Returns to Lebanon After 24-Hour Outage

10 Oct 2021 1 minute read 0 comments AverageVancouverite

Lebanese officials say that power has been restored after a 24-hour shutdown of Lebanon's energy supply due to a fuel shortage at the nation's two largest powerplants. While officials initially said that it may take several days for the network to re...

Quick question on inflation

23 Sep 2021 1 minute read 8 comments NZFX

This will be a ridiculously short post.  Just had a thought on inflation that I'd really appreciate feedback on.  Not meant to be a political comment in any sense; purely a technical inquiry.  Really hope this gets some thoughtful responses.  Rightly...

'WE ARE BORG' or Are We? : The Socio-Economic Rise and Establishment of the Hive Mind

8 Sep 2021 8 minute read 2 comments kev_nag

 ***INTRODUCTION*** It is abundantly clear that human reality is beginning to catch up with our self-generated creative science fiction. Does that in and of itself doom us to a totalitarian Orwellian Dystopia? One would think not, but the possibiliti...

[Splinterlands] Why Are Lands Valuable?

3 Sep 2021 1 minute read 0 comments nealmcspadden

OK, not really free. Plots are going for about $500 right now. With the growth rate that Splinterlands is going through right now, I think they will continue to appreciate it. Why? I'm so glad you asked... Watch the video below. It comes...

Defending Crypto from Reddit 'Economists'- A Death Wish

17 Aug 2021 5 minute read 5 comments wackywriter

I took Publish0x, and the Crypto community's open-mindedness for granted. It's amusing to see the stark contrast between the communities on platforms such as Publish0x and r/economics (apparently know-it-all amateur Reddit 'Economists'). Notice the d...