Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’

Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty” and “infectious” paper cash with the digital ruble that’s currently under development. Russia’s Kalashnikov Concern Looks Forward […]

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China Is Scrubbing Cash Notes to Stop Virus Spreading so Its Government Paper Money Wont Kill You

China Is Scrubbing Cash Notes to Stop Virus Spreading so Its Government Paper Money Wont Kill YouResearch has shown that government paper money is a hotbed for bacteria and that, at least in the U.S., most bank notes in circulation are tainted by cocaine. Now you can also worry about a new threat possibly sticking to your fingers when you handle a bill – a deadly virus coming out of China. […]

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How Fiat Money Fails: Deconstructing the Government’s Paper-Thin Promise

How Fiat Money Fails: An Overview of Government's Paper-Thin PromiseFiat money has a surprisingly short lifespan. The almighty U.S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived. Ruling out acts of god and unforeseen circumstance, the […]

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