by Michael Reuter | 5 January 2019 | Digital Operating System, Economics, Featured, Technology
Zero-based budgeting ZBB is a method of budgeting in which all expenses must be justified and approved for each new period. It was created in the 1970s by former TI controller and advisor to then Georgia’s governor Jimmy Carter, Peter Pyrrh, to embed top-level...
by Michael Reuter | 16 July 2018 | Digital Operating System, Economics, Featured
Blockchain is a foundational technology, an underlying technology layer for applications built on top of it, allowing them to share a joint database and a ledger. It provides realtime access to an immutable and consistent data set. Based on our experiences launching...
by Michael Reuter | 17 May 2018 | Digital Operating System, Economics, Featured, Technology
From the early days of capitalism, when from 1633 the Hollandische Mercurius referred to capitalists as the owners of capital, on to David Ricardo who, in his Principles of Political Economy and Taxation is seen as the one who actually coined the term capitalism,...
by Michael Reuter | 15 December 2017 | Currencies, Digital Operating System, Economics, Technology
On December 6, 2017, game company and distributor Valve announced that its gaming platform Steam is no longer accepting Bitcoin as a payment method. The company explained that Bitcoin transaction fees have gone up to nearly $20 per transaction last week, “compared to...