Modern money history: It was the year 1944, known for the Bretton woods agreement. The year when the US dollar was made an official global currency backed by Gold. By the end of WW2, the US had amassed such a staggering amount of net worth. Due to this, all the major countries around the world
Bitcoin – The next Global currency? Read More »
What are Cryptocurrencies? A virtual currency that uses a cryptographic payment mechanism that does not rely on banks for transaction verification. It’s a peer-to-peer system that allows anyone to make and receive payments from anywhere. Cryptocurrency payments exist solely as digital entries to an online database identifying specific transactions, rather than as tangible money transferred
Crypto Market at Sheer drop! Is it Worth Investing in Cryptocurrencies? Read More »
The US debt problem: The United States of America has to date thrown in over 3 trillion dollars for COVID relief. Thus, increasing US National debt at such a rate never seen before. At the time of writing this article, the US National debt stood at a little shy of 26.5 trillion dollars. Thus, a
Time for change in the US dollar based monetary system is here! Read More »
