Why Would Warren Buffet Sell Bank Stocks?

Warren Buffett

This article was originally published by Austin Litman on Proofofwork.ca Warren Buffet has been dumping his bank positions because banks go bankrupt. One example other than the famous one in 2008 is the “Savings and Loan Crisis” that took place mid-80s to the 90s. It’s when over 30% of all Saving and Loan Associations in […]

Why ‘Inflation Is Transitory’ Can’t Be True

Powell Destroys Credibility

This article was originally published by Austin Litman on Proofofwork.ca What happened to “inflation is transitory”? Why were we told that inflation wasn’t going to last? Because they were able to get away with it and wanted to keep the population calm. The average Joe doesn’t know how inflation works, so the Fed can say […]

What Ancient Stone Money Can Teach Us About Bitcoin

Yap Stone Bitcon

This article was originally published by Austin Litman on Proofofwork.ca Hundreds of years ago, in paradise, one of the most unique forms of money was invented by the Yap tribe on an island east of Indonesia. It was a single stone. These stones were 12ft tall and weighed thousands of pounds. A single stone could […]

Why The ‘Jacquerie Rebellion’ Scares French Bankers To Death

The Jacquerie Rebellion

This article was originally published by Austin Litman on Proofofwork.ca During the 1300s, England and France did not get along. There were hundreds of years of war, and some called it “The Hundred Years War.” The elites were getting arrogant and did not view peasants as people anymore. Peasants were being forced to defend against […]

Argentina’s Mendoza Province Accepts Bitcoin For Tax Payments

Mendoza Argentina Bitcoin Tax

The Argentinian western central province Mendoza has announced it will accept Bitcoin payments as a medium for tax and governmental obligations. Nowadays, when it comes to bounding in shiny modernization lights, we can see those proud governors juxtaposing the flashy Bitcoin in their financial regulations, making sure to carry a sporty medal of honor for […]

RSK ‘Rootstock’ – A Brief Review And Overview

RSK rootstock

By Christian Hyland Can a new financial ecosystem be built on top of Bitcoin? Entrepreneurs around the world are building products & protocols on top of Bitcoin’s strong foundation to bring to life a new financial system. The Bitcoin market cap hovers around $323B, however, much of this value is being held and not actively […]

Pacific Bitcoin Insider 2022: Top Takeaways From Day 2 Of Pacific Bitcoin

Pacific Bitcoin Michael Saylor Cory Klippsten

While the rest of the “crypto” space was under fire, learning another lesson about self-custody and the downfall of centralization, Bitcoiners were having the time of their life at Pacific Bitcoin. Bitcoiners were learning new ways to save more, grow our stacks, protect our wealth, and have a rip-roaring good time. If you haven’t done […]

Bitcoin’s Wild Side – Honeybadger Doesn’t Care

The Honeybadger Bitcoin

From a very young age, I was fascinated by wild animals. While other kids my age watched cartoons and sports, I always loved shows about wildlife. These days, I spend most of my time studying Bitcoin, but I still draw from early learnings about nature. This helped me make some links between Bitcoin and my […]

How To Protect Your Wealth During Record High 10.1% Inflation

Dominik Frisby Bitcoin

This article was originally published by Dominic Frisby on MoneyWeek Inflation in the UK has just hit 10.1%, says the Office for National Statistics.  That is five times the Bank of England’s stated target of 2%.  FIVE TIMES!  Sorry to shout.  The joy of the public sector is that you can be this bad at […]

Ethereum And The Art of Scamming 

Art Of Scamming Vitalik

Scams are only sometimes so blatantly obvious; as a matter of fact, most people tend to fall for them. About 44% of people from ages 20 to 29 lose money to fraud, but there is some good news! Only about 20% of people aged 70 to 79 fall victim to scams. As Oscar Wilde once […]