By Stefanie von Jan on The Capital — Recently, more and more people voice their criticism towards the central banking system. The criticism is focused on the fact that central banks and banks create money out of thin air in the process of credit creation and asset purchase as discussed in my previous article. But which implications does…

Credit creation and money printing, the total takeover of the free market by central banks, and how Bitcoin solves this? — Recently, more and more people voice their criticism of the central banking system. The criticism is focused on the fact that central banks and banks create money out of thin air in the process of credit creation and asset purchase as discussed in my previous article. This article lays out…

Recently, more and more people voice their criticism towards the central banking system. The criticism is focused on the fact that central banks and banks create money out of thin air in the process of credit creation and asset purchase as discussed in my previous article. But which implications does…

Geld ist der Motor der Wirtschaft. Geld ermöglicht Handel und Spezialisierung. Doch nur wenige Menschen fragen sich: Woher kommt unser Geld? Dieser Artikel erläutert den Prozess der Geldschöpfung bei Zentralbanken und Banken. Die Analyse basiert auf der jeweiligen Bilanz. Link zum Video über den Artikel (in deutscher Sprache) Link zur…

Money is the engine of the economy. It is the facilitator of trade and specialization. However, few people ask themselves: where does our money come from? This article discusses the process of money creation at banks and central banks. The analysis is based on the respective balance sheet. Link to…

Polkadot provides an infrastructure for blockchains to connect and share security with each other. This is achieved through one common relay chain on which other blockchains (parachains) are hooked in thereby participating in the consensus mechanism of the whole network. Polkadot aims to provide participating blockchains shared security through this…

Screening many token projects, I have come across the BSQ token which design I consider sound and in this article I lay out what I mean with that. The BSQ token is connected to the Bisq network — a peer-to-peer trading network for cryptocurrencies. Essentially, the Bisq network provides a…

Recently, more and more projects are realizing the importance of sound token design, however, often after the price of their own token went down tremendously. This article outlines why sound token design is absolutely crucial for decentralized networks to flourish. For a network or project to become decentralized, people from…

First published in German at BTC-ECHO: https://www.btc-echo.de/ueber-token-engineering-und-das-wesen-eines-dezentralen-marktplatzes-am-beispiel-von-bitcoin/ How to design sustainable decentral marketplaces on the blockchain? Which new forms of interaction are enabled by blockchain technology in contrast to traditional marketplaces? Which incentive mechanisms bring market participants to freely contribute their time for value generation within the network?