Tag Archive for cryptocurrency

Fiat crypto currencies.

How crypto currencies can help improve the fiat currency system. (First published by Avinash Swamy – Thanks Avinash for letting us use your fantastic analysis!) Today, all currencies issued by nation states are fiat currencies i.e. currencies that are not backed in value by any commodity like gold. Fiat currencies gain their value simply by the laws passed by governments… Read more →

Bitcoin and The Liability Protection Conversation

Bitcoin (Litecoin, Ripple, and the list will definitely increase) is now mainstream. The one conversation that hasn´t gained traction is liability protection. No one seems attach a higher importance to the fact that businesses and customers that use virtual currency are still prone to risk. Transactions made with digital cash aren’t subject to liability protection and can only be reversed… Read more →