Cash is pretty convenient.
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Paying for the stuff you want with currency is way easier than relying on chairs you made or chickens you raised.
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To assess the prospects of cryptocurrencies, it’s useful to consider how money was invented and became centralised in the first place.
The Ghanaian currency is facing its worst run of depreciation in years.
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The Ghanaian currency is facing structural hurdles.
As the ruble crumbles, are the wheels falling off the Russian economy?
AP Photo/Pavel Golovkin
Soaring inflation and a run on the banks signal that punishing sanctions resulting from the invasion of Ukraine are already inflicting economic pain.
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The premise of ‘eco-friendly’ non-fungible tokens is shaky at best.
Kimbal Musk, Elon’s brother, has launched one of these new kinds of nonprofits.
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As decentralized autonomous organizations with philanthropic aims begin to form, it’s unclear whether they can operate without breaking IRS rules.
Some Bitcoin evangelists see the currency as an answer to problems that plague society.
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With mantras, a mysterious founder and promises of societal salvation, there are echoes of religious traditions in the cryptocurrency.
It’s all legal tender.
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The country became the first to make bitcoin a formal part of its payments system, but whether it’ll catch on is another story.
Money cowries (Monetaria moneta) retrieved from the São Bento.
Mudzunga Munzhedzi (2019). KwaZulu-Natal Museum
Money cowries were used for thousands of years as currency across the Indo-Pacific world but introduced into Atlantic commercial networks relatively late.
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El Salvador has become the first nation in the world to make Bitcoin legal tender. So what exactly is President Nayib Bukele thinking?
Confederate currency had images of enslaved people, historical figures and mythical deities.
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Confederate paper money was a promise to exchange the bill for gold or silver, but only after the Confederacy won the war.
Children marvel at the new decimal 50 pence coin, the world’s first seven sided coin.
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The idea that Britain was giving up ‘glorious individualism’ to fit in with European neighbours
A man looks at foreign currency exchange rates on an electronic panel in Jakarta, Indonesia.
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The agreement marks a key milestone in strengthening bilateral financial cooperation between the world’s largest exporter, China, and Southeast Asia’s largest economy, Indonesia.
Central bank (in the background) can no longer perform its function of being the lender of last resort.
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Zimbabwe wants to issue a sovereign bond to raise $3.5 billion it has agreed to pay as compensation to white farmers, but the economic and political conditions aren’t conducive to such an issuance.
Trump says Argentina is intentionally weakening the peso.
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Most countries manipulate their currencies – at least a little – but at the moment that’s not the real reason they are undervalued relative to the dollar.
The founding partners of the Libra Association.
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Alarm bells should ring over a global currency that is run by an exclusive club that serves its investor-owners, not the public good.
KathrynW1/Flickr.
Totnes shows how a small, rural town can build community resilience at a time when local budgets are under strain.
A new 50 cent coin marks the International Year of Indigenous Languages.
Royal Australian Mint
A new 50 cent coin recognises the diversity of Australian Indigenous languages.
The rupiah’s movement is one key economic issue in the period leading to the April presidential and general elections.
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The rupiah exchange rate will remain stable at around Rp14,000 per US dollar in the near future. There are at least three key reasons supporting this prediction.
The euro just turned 20.
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While the euro’s survival for two decades is evidence of its success, it was born with fundamental problems that have weakened it, leading to near-constant crisis.