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Gold is too useful to be trapped in vaults. Gold is often defended as the ultimate form of money. It is protected by physics, hard to create, tested by time, and still hoarded by central banks. For millennia it has been the best money available to us. Gold is scarce compared with most things. But bitcoin is scarce in… Continue reading
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One of the most common objections to Bitcoin is simple: it is already too late. The price has risen too much. The easy gains have already been made by the early adopters. But this objection often confuses two different questions. Is it too late to become one of the first buyers of bitcoin? Yes. But is it too late… Continue reading
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Fiat money is usually discussed as a macroeconomic problem. People talk about inflation, central banks, public debt, asset prices, and the cost of living. At Myntad, we have explored how inflation increases unnecessary consumption and how people are pulled away from their craft and into desperate investing. These things matter. But fiat money also changes something more ordinary and… Continue reading
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One of the most common objections to Bitcoin is that it has no cash flow. That criticism sounds smart until you notice the category error. Bitcoin is not a business. It is not a stock. It is not a bond. It does not exist to produce quarterly earnings, pay dividends, or justify a spreadsheet full of discounted future profits.… Continue reading
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Housing has slowly turned into something it was never meant to be. A place to live became a place to store wealth. Prices reflect not just utility, but decades of monetary distortion and investment demand. In many parts of the world, the result is extreme. Major cities have reached levels where ordinary incomes can no longer support homeownership or… Continue reading
