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 […]

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 […]

Bitcoin Educators Zia Sadr And ‘Jadi’, Jailed During Nationwide Protests

Zia Sadr Bitcoin Iran

Iranian Bitcoin instructor Zia Sadr as well as computer scientist Amir Emad Mirmirani have been arrested during protests this September. The Iranian bitcoin community reported about the incident on Twitter, the platform of the Persian bitcoin community. After more than 20 days of silence on Sadr’s social media, the community of Twitter Farsi was shocked […]

Nigerians Want Bitcoin, Not eNaira

Nigerians want Bitcoin

A year after Nigeria launched its CBDC shitcoin, only less than 0.5% of Nigerians are using it according to a Bloomberg report. The Government of Nigeria launched its Central Bank Digital Currency (CBDC) dubbed the eNaira in 2021. One year later, the results are in. At only a 0.5% adoption rate, the eNaira is failing. […]