Monetary systems classification

Crypto credit money — Will this time be different?

In the previous article, we looked at the two dimensions of money — base money and credit money. We also looked at the different kind of monetary systems that existed in the...

How credit money is created and destroyed

Will there be credit-money in the crypto sphere?

During presentations about money, we usually hear that money has to be durable, portable, divisible and fungible. We fully agree with this distinction. However, there is a bigger picture. Money...

Bitcoin price development

A Bullish Case for Bitcoin Valuation 2.0

In January 2014 we forecasted Bitcoin valuation of 10'000 USD in the Swiss CFA Charter Magazine. The value of Bitcoin reached a record high of $19,850 in December 2017. Given...

Bitcoin historical price

Bullish Case for Bitcoin Valuation

Bitcoin is digital currency which enables instant payments to anyone and anywhere in the world. There are many differences to other currencies: · Other currencies are issued by Central Banks...