Fiat money means all kinds of money that are made legal tender backed by a government. The term is usually reserved for legal-tender paper money or coins that have face values and not pegged against the commodity values such as gold or silver. Historically, paper money and banknotes are used
- September 7, 2020
China’s digital payments revolution China is leading the new revolution in digital payments. In the past decade, China has leapfrogged magnetic cards, moving to a system based on smartphones and QR codes (two-dimensional bar codes), and runs through their own big tech firms: Alipay running through Alibaba (China’s version of
- September 7, 2020
Printing money, you may hear it all the time in economics discussions from economists in every rapid evolving field, from financial types, from reporters and everyday news consumers, and from politicians across the spectrum. For some participants, it’s the most bitter invective you can hurl. It explains the moral decline
- September 7, 2020
Is there a conspiracy to create a digital payment society? Yes, conspiracy theorists arise as always. Everyone loves a good conspiracy theory, so why not have one that deals with something near to us, our money. But not just our money, but how we spend it as well. How we
- September 7, 2020
What is Cryptocurrency On-Ramps and Off-Ramps? In the world of cryptocurrency, getting money in and out of the ecosystem required the use of Cryptocurrency On-Ramps and Off-Ramps. Simply stated on-ramps and off-ramps are cryptocurrency exchanges that allow for deposit and extraction of value from a Cryptocurrency Exchange. Cryptocurrency On-Ramp
- September 7, 2020
