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cash

The hoopla over the EU and self-custody wallets

There's been plenty of anger this week in the crypto world about a EU law that, if passed, would require European crypto exchanges to collect a…

Yemen's bifurcated monetary system

Over the last five years Yemen has stumbled into a unique monetary situation. I initially wrote about Yemen's odd currency status two years ago .…

The afghani could split into two (and other possibilities for Afghanistan's currency)

The new Governor of the DAB, Abdul Qahir Idrees, is introduced to staff.  [ Source ][ Source ] Last week I made the case that the Afghanistan's …

What happens to the Afghanistan central bank's assets?

The Afghanistan story is a tragic one and I don't have much to add to it apart from my ability to read central bank financial statements and bala…

The Biden stimulus and the big jump in cash

Since mid-March, the stock of U.S. banknotes has surged by $45 billion. That's a 2.1% increase in just 30-days.   This jump surprised me (ht to D…

How would Tony Soprano cope with a pandemic?

When The Sopranos was running I never watched it, but during the pandemic I finally had some extra time to give it a try. It was excellent. As I wat…

Different bitcoins different prices

Not all bitcoins are the same. If someone steals 100 bitcoins from a cryptocurrency exchange and tries to sell them, they'll have to price them a…

How the pandemic has clogged the global economy with paper currency

The outbreak of Covid-19 has caused a global increase in the amount of cash in the economy. I think I've got a pretty neat explanation for why. B…

Is fiat money to blame for the Iraq war, police brutality, and the war on drugs?

I often encounter memes claiming that fiat money is to blame for all sorts of government evils. Here is one example from Kraken bitcoin strategist sp…

One country, two monetary systems

I often write about odd monetary phenomena on this blog. Here's a new contender, Yemen's dual banknote system. Yemen uses the Yemeni rial as …

Cash and COVID-19

"I work at a bank and some lady tried to microwave her money to clean it........ 🤦🏼" from Twitter I've written a series of posts and …
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