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Cryptocurrency and Democracy 2.0 – PART I

What’s the story about? “If people understood how the economic system works, there’d be a revolution in a minute” – Henry Ford. Cryptocurrency is a new generation money that has the potential to upgrade the democracy itself. For layperson, it … Read More

Cryptocurrency and Democracy 2.0 – PART II

Scratching some basics first 1. What is supply and demand?  It is the reflection in value/price change of a commodity based on its supply and demand variation and it can be noticed in all commodities. The table below explains the … Read More

Cryptocurrency and Democracy 2.0 – PART III

People, Money, Financial System, Economics & Government Fundamental needs of people  1. Good standard of living  2. Healthcare  3. Education  4. Safer environment  And those who possess the above do not easily get exploited or suppressed by others. Economic system … Read More

Cryptocurrency and Democracy 2.0 – PART IV

Why is all the fuss around the financial industry? ​ Financial industry provides the following four critical services to their customers: 1. Safely storing their customers’ money  2. Providing loan to their customers for interest 3. Offering services to transact … Read More

Cryptocurrency and Democracy 2.0 – PART V

What are the consequences of these power centralized Fed, banks and fiat? I. Let’s start with inflation itself. Figure 1 ____ Marks CPI ____ Marks event years, not the prices Source: Bureau of Labor Statistics, Historical Statistics of the United … Read More

Cryptocurrency and Democracy 2.0 – PART VI

What solution Cryptocurrency offers to the world? Cryptocurrency understands the flaws and loopholes of both the gold standard and a fiat based economy and their financial systems. And hence a solution to overcome these cannot be merely incremental in nature. … Read More

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