As Bitcoin prices rise, so will the incentive to mine it, creating a feedback loop that spells trouble for the climate. For advocates of cryptocurrency, the promise of an economic…
When Kingsley Amis encountered the works of D. H. Lawrence, he was left unimpressed by yet another great denouncer and missionary the English send “themselves to tell them they are…
In a particular deli store in South Melbourne, a tongue-and-cheek message is attached to the cash register. “Bitcoin accepted there,” it proclaims brightly. Naturally, it is nothing of the sort,…
The Covid-19 pandemic that blazed across 2020 has thrown the world into disarray. Economic damage that has triggered the breakdown of the system signals a dire need for change. As…
International financial authorities and 20 of the world’s largest economies are establishing official standards for regulating and issuing sovereign digital currencies. The Group of Twenty (G20), an organization of finance…
A decade since the global financial meltdown, social and economic decay continues with regional conflicts creating tension around the world. The panic of 08 unraveled the demise of Western liberal…
Bitcoin’s price explosion made news headlines this last year. Topics of digital assets entered onto dinner tables and friendly chats at work places. Fever of the digital gold rush that…
Bitcoin mining – the mechanism of creating Bitcoins and approving transactions on the blockchain – consumes prodigious amounts of electricity due to the use of a ‘Proof of Work’…
The Seven Social Sins of the World: Wealth without work Pleasure without conscience Knowledge without character Commerce without morality Science without humanity Worship without sacrifice Politics without principle — given…
According to the official scenario, the world economy is enjoying its best period of growth since the global financial crisis of 2008-2009, which ushered in the worst recession since the…
The crystal ball gazers, astrologers and tea leave readers have been suffering a lingering fever of late. Bitcoin recently romped through the $10,000 barrier, an event that sent speculators swooning…
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