currency

The Other Bitcoin Problem

It is not just the carbon footprint. During the Civil War, a postage stamp to mail a letter cost 3¢. It was still 3¢ when I was a kid. There had been times of inflation, but the price of the stamp had not changed. In fact, during the Civil War, … [continued]

Bitcoin’s Environmental Problem

The world of environmental problems is bad enough without adding digital problems to the mix, but that’s just what Bitcoin has done by virtue of being the most popular digital currency currently available.  Bitcoin, for the uninitiated, is “a digital currency which was first described in a 2008 paper by … [continued]