Money Archives

3 Bitcoin Characteristics That Make It Superior to Fiat Money

How to Create a Wealth Mindset to Change Your Reality

Is bitcoin a good substitute for fiat money? What are some bitcoin characteristics that make it superior to fiat money? In his book The Bitcoin Standard, economics professor Saifedean Ammous suggests that bitcoin has the necessary characteristics to become the global monetary standard. Specifically, bitcoin has what Ammous calls good “salability”—that is, the ability to transmit value. Let’s examine bitcoin’s salability across three dimensions: scale, space, and time.

How Did Warren Buffett Get Rich? The Honest Truth

How did Warren Buffett get rich? What’s the secret to his success? Warren Buffett is one of the richest people in the world, but that wasn’t always the case. The Snowball by Alice Schroeder details Buffet’s childhood love of finance all the way up to when his success started taking off. Continue reading to learn how Warren Buffett got rich from investing.

How to Save Money During the Holidays & Stop Overspending

Want to know how to save money during the holidays? How can you stop overspending on gifts? With inflation cutting into Christmas budgets and a recession possible next year, shoppers in many countries are checking their Christmas lists twice—and crossing off a few things. But rather than ruining the holiday, experts say saving money during the holidays can be good for you. Keep reading to learn how to save money during the holidays and avoid overspending.

Saifedean Ammous: How Trustless Is Bitcoin, Really?

How trustless is bitcoin, really? How are trustless transactions executed on the bitcoin network? The bitcoin network is designed in such a way that it makes it possible to complete financial transactions without the need for trust. The payee can’t default on the payment because the transaction is verified by the whole network—a large number of independently-operated servers all over the world. Here’s how bitcoin makes trustless transactions possible.

Warren Buffett: Early Life, Parents, & School

What was Warren Buffett’s early life like? How did his childhood shape his career? According to Alice Schroeder’s book The Snowball, Warren Buffett didn’t have the greatest childhood. However, it was instrumental in building the man he is today and the success he built. Read below to learn more about the early life of Warren Buffett.

Is ESG Investing Good? Learn the Pros & Cons

What is ESG investing? Is ESG investing good? What are the pros and cons? Republicans have pledged to pass legislation limiting or even prohibiting corporations from investing in ESG (environmental, social, and governmental) initiatives. However, ESG supporters argue that there are solid economic reasons to support such initiatives. Read on to learn if ESG investing is a good choice by learning the pros and cons of ESG initiatives.

Saifedean Ammous: Does Bitcoin Have a Future?

The Top 4 Habits of Millionaires You Need to Know

Does bitcoin have a future? Will bitcoin become the new monetary standard? According to economist Saifedean Ammous, bitcoin is here to stay, but it may never become the new monetary standard. In his book The Bitcoin Standard, he cites two major reasons bitcoin can’t replace fiat money completely. Keep reading to learn about the limitations of bitcoin.

How to Manifest Money: Amass Riches Through Thought

Do you want to know how to manifest money into your life? Why do the rich seem to attract money like a magnet, while the poor struggle to make ends meet? Thoughts are powerful: What you think becomes your reality. This applies to everything, including money. While you can’t manifest money by thinking about it, you can channel your thoughts in the direction that will lead you toward it. With this in mind, here’s how to manifest money and attract the riches you’ve only dreamed of.

Why Home Heating Prices Will Rise & How to Prepare

Why are home heating prices expected to rise significantly this winter? How can you prepare for a fuel shortage? Disruption of the global supply and distribution of oil and natural gas will create shortages in heating fuel this winter. Europeans and Americans will face rising home heating prices, and they’ll need to do everything possible to conserve fuel this year. Keep reading to learn why home heating prices are on the rise and how you can prepare for the winter.

What Is Pay Transparency & Who Does It Help or Harm?

What is pay transparency? How will revealing salary information impact employees and employers alike? California is the latest U.S. state to adopt pay transparency laws, contributing to a culture shift that could make disclosure the norm. While this shift will inevitably improve pay inequity, it will also bring unintended benefits and consequences. Read on to learn more about what pay transparency is and the pros and cons of salary disclosure.