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Showing posts with the label Economy

The Internet, A Community to Thrive In

The Internet is a Realm called Cyberspace which is Powered by the Interconnection of Computers where humans and logic Inter-operate, Interrelate and Interact with each other to achieve desired goals.  what does these Interconnected Computers do to make them keep Existing and Thriving till now? What are the benefits of the Internet and what shows that Internet as a Technology have Expanded the Horizon of Humanity’s Consciousness and Anyone can thrive in it? These Interconnected Computers Connect People(s) which are represented as Individuals, Institutions, Organizations alongside Machines in a Decentralized and Permissionless Manner. This Decentralized and Permissionless Architecture opens the privilege for Anyone who can Provide Services to participate in providing Protocols or Technologies that is in compliance with the Protocols and Standards the internet is Built on already, layering any design on the Internet's connectivity protocol, bringing new Innovations on board for those ...

Is it Worth It To Transact with Bitcoin and other CryptoCurrencies ?

 Come to think of it, is it really worth it to do transactions with Bitcoin and other CryptoCurrencies when we have an already working Monetary System that is been supported by every Government in the World and it’s driving the economy even though some are under Sanctions ? Question : Is there any benefit to use Bitcoin as a Currency to Settle Debts and Carryout Transactions in Exchange for Value?  Answer : There is security to have Bitcoin and other CryptoCurrencies take care of our E-Commerce and other Online Participation in Settling Transactions and Quantifying Services and Measuring of Value. When you have Bitcoin and other CryptoCurrencies to Settle Debts and Transactions in the internet, you separate your Fiat Bank Account from the Internet, in this way no one can easily get access to your Centralized Bank Account by just gaining access to the website you connected your Financial Details or Credit Card Details with, It is good that the banks don’t even link anyone’s...

Inflation Dilemma, Solution on how to Contain and Control it

  Why are the prices of goods and services always increasing over time  ? In economics they say that the cost of a particular commodity is determined by the quality of production, which states that the quality of a particular goods is determined by the class of consumers that commodity is provided for, this production quality causes some goods and services to value higher than others with lower production quality solving the same problem in the same time-frame, this is not what we are focusing on right now but on something else.  Technology introduced a Cheaper Fiber Materials to replace  steel plates used in the production of car body-works, instead of the cars getting cheaper, it spiked higher, is it that the cheaper fiber materials are not actually cheap or something else is going on ? Why is Food, Fixtures and Appliances for homes and human consumption and utilization for humanity’s security and comfort  costlier than before? Will these things ever back down...