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Carl Menger: The Nature and Origin of Money
23.5.2020
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most...
Austrian Bank Raiffeisen Works on National Digital Currency Pilot
18.5.2020
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of blockchain-based national currency tokenization
Austrian Government-Backed Project Will Use Blockchain to Find Waste Heat Spots
12.5.2020
The Austrian government is backing a project that would let citizens submit data about industrial waste heat spots for district heating, receiving tokens as reward
US Central Bank Blamed for 2020 Financial Crash: ‘The Fed Is Lawless Economic Government Unto Itself’
6.5.2020
The last two months dealing with the coronavirus outbreak have been strange, to say the least, and as data rolls in more people are becoming aware that there was quite a bit of overreaction from politicians, the media, and medical professionals. A small number of people are starting to focus on...
Hundreds of Darknet Listings Are Selling Masks and PPE Products for Bitcoin
9.4.2020
According to a recent research report written by the blockchain surveillance firm Elliptic, there’s been a massive influx of darknet market (DNM) vendors selling personal protective equipment (PPE) like masks and coronavirus test kits. The spike in medical equipment sales on the invisible...
Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight
23.3.2020
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making...
The Government Can’t Stand Decentralized Innovations Like Bitcoin, so It Tries to Ruin Them
10.3.2020
Feeding the homeless, affordable medicine, an easy-to-use gas can design, starting a small business to meet the needs of one’s community — borderless, permissionless P2P electronic payments. These are all simple, practical activities and tools that can be leveraged in decentralized...
Wielding the Tools of Liberty: Exploring Wendy McElroy’s Latest Book ‘The Satoshi Revolution’
25.2.2020
When Satoshi Nakamoto launched the Bitcoin network, not only was the protocol a breakthrough in computer science, but it transformed the way society perceives money, economics, and freedom. “The Satoshi Revolution” written by Wendy McElroy delves into the transformative technology...
New Blockchain Forensics Tool Developed Through French-Austrian Cooperation
25.2.2020
A new compliance tool is being developed in Europe via a partnership between an Austrian university and a French fintech firm
Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency
31.1.2020
While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function...
Austrian Parliament Bestows BlockchainArmy Head Erol User With the Space Medal
24.1.2020
Erol User, the honorable Chairman and Co-founder of BlockchainArmy, has been bestowed upon with the first edition of the prestigious Space Medal by the Austrian President, Van der Bellen. The award Blockchain Based on the memory of the 50th Anniversary of Moon Landing. The spearhead of...
Crypto Secularizes Wealth by Returning Power to the People
5.11.2019
Secularization is the process of converting something from a religious status to a nonreligious one. In its usage here, the word “religious” has no necessary connection to a deity. The word refers to the mystification of a thing in order to elevate it to the status of the divine where...
How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise
23.10.2019
Fiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling...
Without Disobedience, Bitcoin Is No Better Than Gold
27.9.2019
With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely...
Washington Elite Announces Summit in Vienna
23.9.2019
The Austrian capital hosts some of the world’s brightest minds in smart city, crypto, M&A and renewable energy October 11 - 12 during the Washington Elite AI and Blockchain Summit – Smart City Edition in Vienna, Austria.
The post Washington Elite Announces Summit in Vienna appeared first...
What (Most) Bitcoiners Love About Austrian Economics
8.9.2019
A physical Bitcoin coin and Carl Menger. Source: iStock/JUN2, Austriancenter.com, Cryptonews.com.
Bitcoin is an innovative amalgamation of pre-existing technologies and the creation of new ones that has lead to an entirely new form of money. However, for many, the support for the world's first...
The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt
21.8.2019
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...
Cryptocurrencies as Payment to be Accepted by Austrian Telecom Giant
21.8.2019
The prominent telecom provider of Austria, A1 has planned to accept cryptocurrency as payment in its seven selected stores located all over Austria. The report was published by FutureZone a tech news source. The telecom giant founded in 1881 provides service to nearly 5.1 million mobiles and...
Austrian Telecommunications Giant to Accept Cryptocurrency
21.8.2019
Founded in 1881, the A1 mobile network is looking to add dash, ethereum, litecoin, stellar, and ripple as payment options
Austrian Telecom A1 Accepting Crypto in Select Shops Using Salamantex
21.8.2019
Major Austrian telecom operator A1 now accepts 6 cryptos as payment in 7 shops in Austria