Articles

The following articles are excerpts from the blog that explain what the Qbit is, how it works, and why you might want to use it.

Problem 1: Fractional Reserve Banking Creates an Unsustainable Economy

Why is the World Running Out of Money?

Fractional Reserve Banking is Unsustainable

How Our Money Gets Created

What About the Interest?

Fractional Reserve Banking Increases Poverty

Fractional Reserve Banking Concentrates Wealth from the Many to the Few

Fractional Reserve Banking Causes Cancerous Economic Growth

Fractional Reserve Banking Causes Ecological Devastation

Fractional Reserve Banking Kills Economic Diversity

Quick Summary: Why Fractional Reserve Banking is Unsustainable


Problem 2: Economic Monopoly Destroys Freedom

The Free Market is an Economic Democracy

How Did We Get from Economic Democracy to Economic Monopoly?

Currency Control and Monetary Policy

Governments Use Monetary Policy to Play Santa Claus

Governments Use Monetary Policy to Temporarily Suppress Unemployment

Government Uses Monetary Policy to “Fix” Trade Imbalances

Government Economic Monopoly and the Boom and Bust Cycle

Economic Monopoly Increases Government Control

The Economy, Networks, and Too Big to Fail

Economic Monopoly is Neither Humane nor Viable


Qbit Basics

What are Qbits?

How do Qbits Work? - Part 1

How do Qbits Work? - Part 2

How do Qbits Work? - Part 3

The Qbit Advantage

The Qbit and Legal Tender Laws

Just Three Graphs Show Why We’re Making the Qbit


The Qbit and the Free Market

The Qbit as a Universal Subscription System

Banks and the Qbit

Applying Free Market Principles to Money Itself

What Gives Value to Currency?

Competition Equals Efficiency, Usability, Stability, and Safety

Free Market Money and Government


The Fundamentals of Digital Currencies

What is Digital Cash?

Why Use a Digital Currency?

How Do I Use a Digital Currency?

Digital Currency for Economic Democracy


The Qbit System in Action

The Qbit System in Action

The Elimination of Inflation

Private Online Transactions

Private In-Person Transactions

Easy Multicurrency Transactions

Private and Safe Storage of Qbits

Enfranchising Developing Nations in the Global Market

In-Game Currency

Incentivizing Purchases

Ad-Hoc Resource Contributions


Using the Qbit System

Using the Qbit System

Obtaining Qbits

Spending Qbits: Example 1

Spending Qbits: Example 2

Spending Qbits: Example 3

Spending Qbits: Example 4

Spending Qbits: Example 5

Qbits Expand Economic Horizons


A Deep Dive into the Qbit System

A Deep Dive into the Qbit System

Bitcoin Paves the Way

The Limitations of Bitcoin

Qbits Defeat Inflation and Deflation

Distributed Currency Exchange

Mining Produces Qbits

Staking Produces Qbits

Hosting the Blockchain Produces Qbits

Customers Use “Lite” Wallets


Smart Contracts: The Big Bang

Smart Contracts: The Big Bang

How Do Smart Contracts Work?

Cheap Wi-Fi through Smart Contracts

Smart Contracts: Turning Roads into into Communications Conduits

Smart Contracts: Of Roads, Power Companies, and Internet Access

Smart Roads and the Free Market

Smart Roads Pave the Way to Clean Energy

Smart Contracts, Microlending, and Microinvesting

Smart Contracts and the Democratization of Lending

Smart Contracts and the Democratization of Insurance

Smart Contracts, Microlending, and Venture Capital

Using Smart Contracts to Build Economic Infrastructure

Smart Contracts, Transparency, and Anonymity

Smart Contracts and Ad Hoc Resource Contributions

Smart Contracts and Prediction Markets


Side Chains: Blockchains Everywhere

What are Side Chains?

Pegged Side Chains

Interoperable Side Chains

Side Chains and Government Transparency

Side Chains and Identification

Side Chains and Common Public Records

Side Chains, Copyrights, Notarization, and Patents

Side Chains and History

Side Chains and Company Transparency

Side Chains, Smart Contracts, and Selling Digital Content

Side Chains and Data Protection

Side Chains and Private Data Storage

Using Side Chains, Smart Contracts, and Decentralized Autonomous Organizations

Side Chains and Code


A Deep Dive into the Qbit Federation

The Qbit Federation

Promoting the Qbit

Advancing Qbit Technology

Maintaining the Value of the Qbit

Basket Contents

Finding the Index Value

Regulating Qbit Supply

Monitoring the Qbit Value

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