by Michael Reuter | 23 March 2018 | Currencies, Economics
RAAY are large, circular stone disks – or: stone money – carved out of limestone formed from aragonite and calcite crystals. RAAY stones were quarried on several of the Micronesian islands, mainly Palau, and transported for use as money to the island of...
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...
