Avainsana: markets
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Why doesn’t capitalism work? – built on slavery, selling vanity, do we want a world where everything costs
Where did capitalism start? It is often said that Watt invented the steam engine in 1769 and the first factories were built that required labor and capital. However, the steam engine was developed already in the 17th century, and capitalism did not start like this. Capitalism was born when, as a result of colonialism in…
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Bitcoin and cryptocurrencies – the dirty money of the Internet
A person using the nick Satoshi Nakamoto created bitcoin as a virtual deregulated international currency in 2008, a currency that can be bought and sold with euros and dollars or other real-world currency. According to Satoshi Nakamoto, the 100 millionths of bitcoin are named satoshis. The value of one bitcoin is currently around €30,000, while…