Cryptocurrencies, it should be recalled, were intended to not have an intermediate financial authority in any given transaction. The Blockchain is limited to the two participating parties and everyone else who has access to the Blockchain. From here, the concept… Read More ›
Back on Friday, I discussed about the Russian government’s half-hearted attempt at “reviving” the Gold Standard. I still stand by my conclusions from that post because I am convinced that Russia’s central bank half-opened a gold window, paying around ₽5,000… Read More ›
Every form of economic governance corresponds to a related model of political governance. What applies in the physical realm is capable of being reapplied in the digital realm. At stake in today’s geopolitical climate is the possibility of restructuring the… Read More ›
Unlike the Work-Standard, which I had intended to be capable of functioning in wartime, Cryptocurrency is an entirely different matter altogether. My arguments from last year stipulated that the fundamental flaw of conventional Cryptocurrencies was that they needed steady sources… Read More ›
A few new Blog posts are slated for release this week, in addition to the promised uploading of another batch of .pdf documents. The Digital Library is far from complete as of this writing. At the same time, I do… Read More ›
A heavily reworked version of Double-Entry Bookkeeping, Command-Obedience Bookkeeping is the preferred accounting system under the Work-Standard. As pointed out in an early post on The Fourth Estate Blog, Double-Entry Bookkeeping contributed to the formation of the Capitalism in Liberal… Read More ›
The Work-Standard was never designed to be operating according to the paradigms of Labour Vouchers and Time-Based Currencies. Both pseudo-currencies were developed as products of Utopian Socialist endeavors by people like Robert Owen and Josiah Warren at the height of… Read More ›
The Fourth Estate 