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Is cryptocurrency the next logical evolution of the monetary system? In Evolving Money, to explore whether we’re at an inflection point, we’ll look back at moments in the history of money when how we paid for things and stored value long-term changed for the better. For more about this series vis…
The history of money is riddled with crises, followed by innovation that transforms the monetary system. In 17th century England, a coinage crisis triggered a loss in trust in the money’s value. To restore that trust, Goldsmiths stepped in as intermediaries—and became England’s unlikely first banke…
Why did Bitcoin move from a currency to an investable asset in just 15 years of existence? It was because of mainstream adoption by retail investors who believed there was money to be made. But behind that mania for all things crypto was a much more serious undertaking – the birth of a new asset cl…
Throughout history, financial markets have struggled with the issue of borders. Borders create friction, add cost and cause headaches for anyone who wants to spend money across them. On top of that, various national currencies can be wildly unstable.   Could a borderless, global currency ease frict…
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