Bitcoin (BTC) price has finally broken the $30,000 level after the key price zone lasted as a ten months resistance level. BTC price rallied 6.5% on April 10 and the much-awaited price gain ended an agonizing 12-day period of extremely… Read More ›
Cryptocurrencies
Centi launches CHF stablecoin backed 1:1 by a Swiss bank — Pandoraland
Switzerland-based start-up Centi revealed the launch of a stablecoin fixed to the Swiss franc on March 21, according to a press release. The token is called the Centi Franc Stablecoin (CCHF), as well as it will be backed 1:1 by a… Read More ›
Update (28 February 2023)
Moving on to a much lighter topic, I mentioned the other day that I was planning to return to discussions about the National Intranet and the International Internet. Anyone who has read my Blog will recall me mentioning about the… Read More ›
Work-Standard Accounting Practices: WSA Accounting Techniques
In “The Cash and Accrual Methods” and “The Modified Accrual Method” Entries from Section One, I discussed about the most prominent accounting techniques employed under Neoliberalism in both Production for Profit and Production for Utility. The Cash-Basis Method only provides… Read More ›
Work-Standard Accounting Practices: Triple-Entry Account Bookkeeping
The emergence of Cryptocurrencies, beginning with Bitcoin, has made it feasible to entertain the development of Triple-Entry Account Bookkeeping as an expansion of Double-Entry Account Bookkeeping. Conceptually speaking, Triple-Entry Account Bookkeeping follows very similar premises to that of Double-Entry Account… Read More ›
Work-Standard Accounting Practices: The Modified Accrual Method
Economic organizations operating in Production for Utility may record their economic activities with the “Modified Accrual Method.” The Modified Accrual Method is a combination of the two aforementioned accounting techniques discussed in the previous Entry, the Cash-Basis Method and the… Read More ›
Work-Standard Accounting Practices: Is Accounting an Artform?
Some might be surprised to discover that there is no real Science behind Accounting. It is in final analysis an Artform comparable to painting and sculpting. Unlike Political Science, the Social Sciences, or even the Natural Sciences like Physics, Chemistry… Read More ›
Update (30 January 2023)
It’s official: I am now preparing to write the next major Treatise of The Fourth Estate. This is one given the apt title of Work-Standard Accounting Practices (1st Ed.), whose Entries have yet to be written. As of late, I… Read More ›
The Fourth Estate 
You must be logged in to post a comment.