Blockchain technology has gotten a lot of coverage in past months due to cryptocurrencies like Bitcoin and Litecoin. Basically, the fractions of a Bitcoin earned by bitcoin "miners" are their reward for verifying blockchain reactions. To verify a bitcoin transaction, the blockchain utilizes a decentralized network of computers which perform complex algorithmic computations which prove... Continue Reading →
How Should We Value a Dollar?
A concept I've been interested in lately is the way we value a unit of currency, or rather what the currency as a concept represents. The dollar of course represents a unit of currency which, as evidenced on the front of the bill, is "legal tender for all debts, public and private". Setting aside for... Continue Reading →