A fundamental question has recently been on my mind: What is money? While this might seem straightforward, especially to those in traditional finance, unpacking it reveals deeper questions about money ...
A tree is an organism, but also a lumber reserve. After it is felled by a lumberjack, its story as an organism ends. But its story as a lumber reserve goes on, and its story as a house has not yet ...
Money is something that most of us take for granted, as we use it daily to buy goods and services. We constantly transact in money, think in money and strive to earn more of it. However, few genuinely ...
With Sam Bankman-Fried, Beryl Li, Dovey Wan, Haseeb Qureshi, Hasu, Balaji Srinivasan, Jeff Dorman, Brett Scott, Laura Shin, and others. Updated May 11, 2023, 4:04 p.m ...
The Bank of England’s director of fintech, Tom Hutton, recently spoke out on the United Kingdom’s plans to institute a central bank digital currency (CBDC) at the Crypto and Digital Assets Summit in ...
This month China’s central bank revealed that its digital currency, the e-CNY, had been used for 7trn-yuan-worth of transactions in its short life—an amount equivalent to almost $1trn. China is not ...
The Trump administration has announced a massive $200 million renovation of the State Ballroom in the East Wing of the White House. The blueprint design is finished, and the architects and contractors ...
You can use the PRODUCT() function to multiply monetary values in your Microsoft Excel spreadsheet. Functions allow you to perform a specific set of calculations in a cell, column or row. The PRODUCT( ...
RBI Deputy Governor T Rabi Sankar says stablecoins serve no meaningful purpose and pose risks to monetary stability.
Delivering the keynote address at a media conclave, Sankar said stablecoins lack the core attributes of modern money, fiat ...
Free emergency care for people who can’t pay is a requirement anchored to both moral and legal considerations. A hospital like Pioneer is linked to the health of the community. That’s a burden ...
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