Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift

Turkey Throws Another Wrench Into the Works of the Dollar, Joins Russian SwiftThe dominance of the U.S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. And in times of trade wars, sanctions, and even tensions between allies, the push to dethrone […]

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Iran Is Being Targeted for Economic Independence, Not Terrorism

Iran Is Being Targeted for Economic Independence, Not TerrorismNew, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already tenuous ties to the global market. With soldiers and weapons “of […]

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Iranian Government Mulls Enforcing Extra Rules for Crypto Miners

TheMerkle Iran BitcoinThe current status of cryptocurrency in Iran raises a lot of questions. While not officially banned, there are a fair few restrictions which apply in the country. It now seems cryptocurrency miners will need to adhere to new rules in the near future. Although not an official law just yet, there will be some interesting changes regardless.  More Data Aggregation It is not entirely surprising to learn the Iranian government wants to know more about what makes crypto miners tick. More specifically, they want to know about the business activities of miners, as well as the value of current and

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Reformed BTC Maximalist Erik Finman Proves the Value of Unschooling

Erik Finman - Converted BTC Maximalist Proves the Value of UnschoolingA 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story ends, though. The high school dropout has since gone on to launch education […]

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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful

From Booze to Bitcoin Mining - Why Violent Prohibition Is Always HarmfulStories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s Kraskom power company reported illegal siphoning of power from municipal […]

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How Governments Steal Your Money and Conceal It Through Inflation

Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read: Global Crypto War Is Heating up […]

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