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How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise


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...

Ethereum-Based Crypto-Games Fall under ‘Gambling’ - Study


Recent research by the University of York found that Ethereum-based crypto-games in fact meet definitions of gambling. This week, the university published an article saying that a new study looked into the nine highest-ranked Ethereum dapp (decentralized aplications) games listed on State of...

Bitcoin Price Crashes, Altcoins Turn Red


Source: istock/Photographer, Filmmaker, Designer In a sudden move on Wednesday afternoon (UTC time), bitcoin price dropped by 5% in one hour, reaching the level last seen in May 2019, while almost all top 100 coins also turned red. At pixel time (13:14 UTC), bitcoin trades at c. USD 7,612 and...

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