A unit of account is a common monetary unit used by groups of people that transact. Each country typically has a national currency or has adopted another fiat currency like
(sorry for the language, but there's no way around it) "Shitcoin" is a slang term coming from "Alt Coins" which means "alternative from
More miners is a good thing to spread the responsibility of securing the Bitcoin blockchain across more entities. If there are more competitors then each miner gets less rewards over
"The Cantillon Effect" refers to the idea that changes in the money supply in an economy cause the redistribution of purchasing power among people, disturb the relative prices
Bitcoin is a Hedge against Inflation There are several reasons why Bitcoin is a hedge against inflation in the US Dollar: 1. Finite supply: Bitcoin has a capped supply of
Bitcoin's decentralization and fixed supply provide an alternative to traditional fiat currencies, which are subject to inflation and centralized control. By offering a store of value that is
Introduction The Lightning Network is a payment protocol that allows for fast, low-cost, and secure transactions on top of the Bitcoin blockchain. For a local merchant, using the Lightning Network
Bitcoin is not just another currency or asset. It is a revolutionary technology that challenges many of the assumptions and paradigms that we have about money, finance, and society. To
Bitcoin is easy to make payments, especially on the Lightning Network (LN). Most often you will scan a QR from the recipient, or they can send you an address via
Introduction As a small or medium sized business owner or executive, you may have heard about Bitcoin from your peers, employees, or customers. This guide assumes you have a basic
Shortest Explanation You work, you build something, you make art, or you share wisdom. Someone appreciates that value and gives you something of value in return, namely money. Money is
Expression. Life.