All over crypto twitter, people talk about how inflation is stealing from savers and crypto is the solution. This is a silly statement and is not why crypto-currencies will be successful. There are two inflation scenarios - moderate and runaway: Moderate inflation is nothing more than a redistribution from the…

Let’s start with some background. In capitalistic economies, there are producers and consumers. Between these two exists a search problem. Each needs to find the other to be able to transact. In the old economy, TV and News advertisements solved this problem by broadcasting ads to their users. …

Large networks (Youtube, Uber, NASDAQ and traditional finance) earn significant monopoly profits today. Decentralized blockchain networks have the potential to replace these traditional networks and offer the same services without the ability to charge monopolistic prices. As a result, network users will get a bigger piece of the economic pie…

Its not scalability, or decentralization of Asic chips, or price volatility. Its traditional financial institutions and regulation. In modern economies, almost all money is stored with banks. Banks make a spread for providing this service. They lend out your deposits for a rate greater than the rate they pay out…