A Note From The Editors
January 7, 2020
The having or not having of money in America is subjective — yet it’s inextricable from our identity and self-worth.
No nation-wide system is perfect, but the legacy of finance in America is particularly suspect. $34 billion dollars in overdraft fees were collected by banks last year. The average ATM fee is $5.
Technology has disrupted many asymmetrical industries — it seems money could be next on the chopping block. Bitcoin specifically, and cryptocurrencies generally, represent a radical reimagining of value and how it moves around the world.
Bitcoin has no master. There is no state or CEO. The only rules that apply are those of math, and the only gatekeeper is information and knowledge. With all of this democracy, it represents as much of a political and social movement as it does a technological one.
This month, a history of money and how it relates to the invention and rise of Bitcoin, the critical issues surrounding cryptocurrencies, and projects that work to use this new type of money to inventive ends.
- Tatti & Clare