Money Reimagined: Bitcoin vs. Gold Is a Battle of Narratives
The success of a store-of-value asset, like bitcoin or gold, isn't just a matter of durability, fungibility or scarcity. It's about whether people believe in it.
Bitcoin's rising price reflects declining faith in the existing financial system. Will central bankers like Christine Lagarde take notice?
Bitcoin may not be "digital gold" just yet. But with institutions accepting the business case and the price rising, it's well on the way.
President Biden needs to reform the global financial system and avoid a 1930s-style depression. Digital currencies can help.
At stake as we debate the data-monopolizing power of the internet’s biggest companies: the future of what it means to be human.
As Wall Street buys bitcoin, crypto faces a fight for its soul. On the one side is mainstream acceptance. On the other: its cypherpunk roots.
Laws like the Bank Secrecy Act, which turns 50 this week, have helped stop money laundering and terrorism. But KYC and AML requirements have served to harm the world's neediest through higher costs and reduced services.