image missingTrue Value Metrics (TVM)
Meaningful Metrics for a Smart Society
image missing Navigation ... HOME
HOME
CONTEXT
ISSUES
POSSIBILITIES
HOW THE
WORLD
WORKS
ACTIVITIES
SECTORS
STREAMS
STATE
ALL THE
CAPITALS
ACTORS
PEOPLE
ORGANIZATIONS
PRODUCTS
STUFF
CONSUMPTION
PLACE
COMMUNITIES
COUNTRIES
PEOPLE
QUALITY
OF LIFE
NATURE
SOURCE of
all VALUE
ECONOMY
MONEY
LIQUIDITY
TRUEVALUE
DATA at
the CENTER
ABOUT
VISION
STRATEGY
Date: 2018-12-12 Page is: DBtxt001.php txt00000276

Money, Banking and Financial Services
Introduction to Bitcoins

VIDEO There are two videos here that describe how bitcoins works ...

The value of bitcoins is not entirely clear ... but it is worth some thoughtful analysis. The old fashioned paper money used to be backed with some valuable metal, and money was both a store of value and a medium of exchange. Now, more than anything, money is a component of a monetary system that has the ability to create money or liquidity as fast as a printing press will work, or better at the speed of light (electrons). This is a powerful tool ... that has the potential to overtake and crush the world's real economy. The chaos in the capital markets since 2007 reflects ... in part ... the ability to create credit without producing the underlying value.



Introduction to Bitcoins

There are two videos here that describe how bitcoins works ... but there are detracters that are linked to the videos at the end of each of these.


The text being discussed is available at


TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative.
It has been funded by family and friends plus donations from well wishers who understand the importance of accountability and getting the management metrics right.
SITE COUNT
Amazing and shiny stats
Blog Counters Reset to zero January 20, 2015

CAVEAT. The information on this website may only be used for socio-enviro-economic performance analysis, personal information, education and limited low profit purposes
Copyright © 2005-2018 Peter Burgess. All rights reserved.