Ancient currencies, like grain, were backed up by the currency’s intrinsic use value. The US dollar, up until the latter half of the 20th century, was backed by gold. Now, it is backed up by a government willing to accept taxes in them. Second Life’s Linden Dollars are backed by…

The Perfect Percentage If you’re looking to prevent overspending, you will need to develop a method that fits your budget. One common method involves tracking all expenditures during the month and adjusting them to ensure that expenses never exceed income. This may work for some, but others want something more concrete and ambitious…

Even though the majority of your college costs are being paid by your parents or by the proceeds of student loans, money may still be tight. You still have to survive every day and to do it on limited expenses. How do you do you start improving your net worth? …

For many people, Bitcoin is one of those things that you hear a lot about without really getting to grips with how it all works. Bitcoin is a currency that is generated or “mined” through the online activity of computers. — Perhaps the easiest way to understand the practicalities of Bitcoin is to think about what you can buy with the Bitcoin currency. Let’s take a look at a list made by Crypto Slice News and see what you can buy with Bitcoin.

The world of crypto-currencies is evolving rapidly, so it is important to stay up to date with all of the latest developments. What makes the blockchain so interesting? The blockchain is effectively the general ledger of the Bitcoin currency. It logs each Bitcoin transaction — a key element of the security of the crypto-currency. Bitcoin is…

Do you remember the Winklevoss twins? Cameron and Tyler Winklevoss. They are Olympic rowers (they competed in the men’s pair event at the 2008 Beijing Olympics), and they are co-founders of a social networking site called HarvardConnection. …