Excluding energy industries, precious metals such as gold are Russia’s largest export at $18.7 billion (£17.8 billion) in 2020. Banning the import of Russian gold aims to add economic obstacles for ...
Fungibility is often held as a crucial characteristic of sound money. But what happens when money has a public record of every transaction, and morally questionable trades can be identified? Is ...
Autonomic, self-sufficient, and decentralized, blockchain’s distributed, and self-executing smart contracts set a new standard for social contracts. However, somewhere between the smart-city traffic ...
Billions of dollars are needed for biodiversity conservation, which could be funded through the multilateral benefit-sharing mechanism established in Decision 15/9 of the UN Convention on Biological ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The euro may have been pointless, but it might have been a whole lot less pointless if there’d been political ...
Calling economics the "dismal science" is harmful. Such denigration makes it seemingly forgivable to ignore the key life lessons conferred by Econ 101, one of those classes I'm quite happy I took at ...
David Vorick is a Bitcoin Core developer, former IBM software developer and the co-founder of decentralized cloud storage platform Sia. In this CoinDesk 2016 in Review special feature, Vorick tells us ...
Unless you've been living under a rock, you're likely aware that the world, financial or otherwise, is abuzz about nonfungible tokens (NFTs). You're also likely aware (and perhaps ashamed to admit) ...
What is the essence of bitcoin fungibility and why is it so important? Fungibility refers to the concept that every unit or subunit remains equivalent and identical to any other unit or subunit. It is ...
The fungibility of the legacy sound money has come under fire as Western nations seek to delegitimize gold mined in Russia. Excluding energy industries, precious metals such as gold are Russia’s ...