Have you ever heard a word “KYC”?
KYC stands for “Know Your Customer”, which means Identity Verification when you open an account of a bank or an exchange. In cryptocurrency industry, you need KYC registration when you open an account with a foreign crypto…
Among huge numbers of Community Currencies, there are successful currencies and failed currencies. The definition of failure and success of a currency here is based on distribution amount and length of life-span as a rough standard. Currently Japan alone has over…
“OKURIBITO（億り人）”
Have you ever heard this Japanese word? OKURIBITO means a person who earned more than 100 million by trading Cryptocurrency. This word is created because there are people who made enormous profits with Cryptocurrency. This time…
In the past, we tended to accept only the information transmitted by mass media one-sidedly, but with the spread of the internet, we become able to send information to a number of unspecified people by ourselves. Because of this, now everyone in the world influences…
“Money to depreciate” or “Free money” is a theory proposed by Silvio Gesell (1862-1930), which is said to change the existing currency system fundamentally.
This time I’d like to introduce this theory to you.
The system that a bank makes loan with deposit, increases apparent total bank deposit, and makes loan again is called “Credit Creation.” This system is based on the premise that banks have credit and the loan will be repaid properly.
Many of full-time housewives (house-husbands) in the world are doing all domestic affairs and child rearing without charge, but how much is it when converting housework labor of housekeepers to dollar?
In 2017, Cryptocurrency Boom started, triggered by Bitcoin. Along with it, we hear the word “Blockchain,” which is the fundamental technology of Cryptocurrency.
But is Blockchain technology really safe? Since Cryptocurrency is a kind of money and…
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