The New Reality of Money
taskmaster4450 (85)in LeoFinance •

The death of the US dollar crowd is consistent. Being wrong for decades certainly doesn’t hinder their enthusiasm.

Unfortunately, these people are about a century out of date. The old rules no longer apply. That said, even the ones that were in place are misread and completely m…Read More

Bitcoin As Digital Gold – Breaking Down?

Bitcoin was first touted as the replacement for the US dollar. This narrative has broken down except with the biggest of Maxis.

Now the idea is that Bitcoin is digital gold. It is not a medium of exchange. Instead, people are looking at it as a store of value.

Recently, the price of gold has taken…Read More

The Accelerating Pace of AI

It is over. Time for the fat lady to sing.

While estimates vary, we are embarking upon the Age of Intelligence. This means that AGI, ASI, and singularity are in play. For the most part, these can be viewed as academic terms. Benchmarks in the AI world are widely used by analysts. However, they ultimately mean…Read More

Post-Labor Economy – Economic Redesign

Automation is radically transforming the economy.

This is not a process that started in the last few years. It is more than half a century of change that is starting to have severe impact.

When we talk about automation, in the economics sense, it is anything that is a labor saving activity. For…Read More