Our Value of Money Is Subjective But That Doesn’t Make It Meaningless


In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot...

Crypto Industry vs G20: a Fight Against 'Draconian' KYC Procedures


The cryptocurrency industry is not happy with the possibility of G20, the group of 19 large countries and the European Union, imposing stricter know-your-customer (KYC) procedures on cryptocurrency exchanges and related businesses. Calling it “more draconian than the BitLicense [New York’s...

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