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medium of exchange

Five of the Most Important Use Cases for Cryptocurrency

<header class=”article__header”> </header> <strong>Crypto assets have come a long way since Bitcoin. What started out as a P2P payment system has spawned an array of use cases that extend far beyond the original designation of cryptocurrency. While the primary function of crypto assets such as <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/ETH” target=”_blank” rel=”noopener noreferrer”>ETH</a> and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” …

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Money and Democracy: How the Elite Manipulated Ledgers and Created a Social Ranking System

</header> <strong>Money is one of the most important but least understood manmade tools in existence. For more than 5,000 years humans have used a tool of exchange called money to facilitate trade. During this timespan, the evolution of money has evolved into a system of information, a social contract, and a ranking system.</strong> Also Read: …

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New SLP Token Allows You to Transact in BTC But With BCH Fees

<header class=”article__header”> </header> <strong>There’s a new Simple Ledger Protocol (SLP) based token called BTC2 that’s backed 1:1 with <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>. People can obtain the BTC2 token using cryptocurrency swapping application Sideshift.ai. With BTC2, you can essentially transact with <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a>, but utilize the same network fee (less …

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Our Value of Money Is Subjective But That Doesn’t Make It Meaningless

<header class=”article__header”> </header> <strong>In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot serve as …

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