Tag: money
Don't raise Uncle Sam's credit limit
April 2, 2017 | Post
Once again, the United States government is rapidly approaching a fiscal debt ceiling. After March 16, 2017, Uncle Sam is not legally allowed to borrow any more money to cover its budget deficits, unless Congress votes to raise the debt limit like it has every time in the past. Uncle Sam’s debt has been growing […]
6 women who should be on the $20 bill
March 29, 2017 | Post
We reached out to Learn Liberty professors for suggestions on great women whose achievements should earn them a place on US currency.
Why can’t you pay for sex?
March 1, 2017 | Post
Consensual sex is legal. But as soon as one party offers cash to another in exchange for sex and that money is voluntarily accepted, it’s considered prostitution, and that is illegal.
How processing payments with Bitcoin is different than cash, banks
February 16, 2017 | Post
Arguably, the most interesting feature of the Bitcoin system is the way in which Bitcoin payments are processed. To make it clear why payments must be processed at all and how Bitcoin processes payments differently, I’ll look at processing payments with cash and banks before turning to bitcoin. Think about a cash transaction. Cash transactions […]
What is a cryptocurrency?
February 16, 2017 | Post
Cryptocurrency is an item intended for use as a commonly accepted medium of exchange that exists in the digital world and relies on encryption to make transactions secure.
Demystifying Bitcoin
February 15, 2017 | Post
Like something straight out of a Neal Stephenson novel, Bitcoin has cyberpunk sex appeal. It foreshadows a radical change in the social and economic order and is shrouded with a mystique and aura that can be difficult to penetrate.