My Two Cents: What is Modern Monetary Theory (MMT)?

A Pocket Guide To Modern Monetary Theory and Why It Matters Part 1: The Financial System Laid Bare Part 2: What is Modern Monetary Theory (MMT)? Part 3: What MMT Means For You, Bitcoin, and the Future of Our Economy Hopefully, you read Part 1 and now have a strong grasp on the foundations of our financial system. Part 2 builds on that foundation. It’s all about Modern Monetary Theory (MMT). MMT is the modern evolution of our financial system and

Continue Reading

My Two Cents: The Financial System Laid Bare

A Pocket Economics Guide To Where Money Comes From There’s a reason financial cons are everywhere. Because they’re easy. I think it’s because money intimidates people. Their eyes kind of glaze over when they hear the words ‘interest rates.’ Like yours probably did when you read “Modern Monetary Theory.” And it’s made intentionally more complicated by those people whose job it is to convince others that finances are not to be self-managed — that our financial system is so complicated that only they

Continue Reading

Libra Is Not A Gateway Cryptocurrency

Libra is the offshore oil rig of data collection. Drill baby drill. Oh Facebook. I remember when you were just a kid, full of people’s lunch menus, workout pics, and the occasional political ramble (OK, so some things never change). Now you’re trying to create a cryptocurrency. It was easy to be excited when Libra was first announced. This must mean big things for Bitcoin and for cryptocurrencies of all sorts. That excitement quickly died. It’s honestly a shame Facebook is

Continue Reading

What Crypto Can Learn From Russia’s War On Telegram

Telegram’s war with Russian authorities may soon become crypto’s war — we should learn wisely Lessons from Telegram and lessons from ZenGo: Building decentralized and censorship services in a centralized world Telegram has been the white horse in the battle for data protection, privacy, and open-source software. They’ve taken on Russian censorship head-on, reportedly survived multiple FBI infiltration attempts, and faced down crackdowns by at least 6 different countries. What many crypto and blockchain proponents fail to understand is that Telegram’s war will

Continue Reading

The Lightning Network: Bitcoin’s Future or a Failure In The Making?

The Comprehensive, Non-techies’ Guide To The Lightning Network Try to read blockchain news without coming across references to the Lightning Network (LN). Crypto Twitter and Reddit are on fire with discussions about the Bitcoin scaling solution, and rightfully so! The network has exploded in recent months and actual products are being purchased with the help of Lightning. Browse casually and it may seem like Lightning is the solution to all our scalability problems — Bitcoin’s long-awaited Messiah. If only things were so

Continue Reading

The War For The Soul Of Cryptocurrency

Under The Guise Of “Protecting The Consumer,” Crypto Regulation Might Destroy All That Is Good Imagine if we embraced the Cryptocurrency craze — even with all the scams and greed — for what it is? What if, instead of regulating it, we let it run virtually unchecked — if instead of focusing on its shortcomings, we lauded its accomplishments? Because, today, we are in desperate need of a paradigm shift. Since the crash, we are now faced with our biggest challenge yet, and the ideology is in

Continue Reading

Meditating F*cking Hurts

Screaming Knees, Epiphanies, and…HOW MUCH LONGER?! A 60-minute meditation. Fuck. A lesson in Einsteinian relativity. When you sit with a nice girl for two hours you think it’s only a minute, but when you sit in meditation for a minute you think it’s two hours. Now imagine 60 minutes. But when a monk commands you to meditate, you do. I’m not new to meditation. I’ve done it countless times. I pride myself on some of my meditation spots — mountain tops, beaches, the

Continue Reading

Did the Cryptocurrency Revolution Fail?

Blockchain Seemed Poised On The Edge Of Greatness — Is It Dead? Nothing brings change like a revolution. If successful, they disrupt the status quo and nothing is ever the same again. If they fail, they fail in catastrophe, with bodies swinging from the gallows. But whether successful — the American, French, and Internet revolutions — or failures — the Boxer Rebellion in China or the Great Jewish Revolt against Rome, they are milestones of history. Some fail because outside forces brutally crush them and some fail because the

Continue Reading

Jewish Celebrities in Myanmar

Day 5 in Myanmar. I have grown weary from the diet of yak meat and chicken guts. The sun scalds during the day but darkness quickly purges all warmth, leaving us huddled beneath a mountain of blankets and sleeping bags. Hotel rooms, devoid of heating, seem to trap in the cold rather than repel it; nighttime cuddling suddenly ceases to be gender discriminate. After a particularly unproductive conversation with a hotel employee given the enormous language barrier, I wander alone

Continue Reading

Site Footer

Sliding Sidebar