A penny doesn’t actually cost a penny
1 min read
- Finance
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Double Spending is CoinShares’ new animated series designed to educate audiences on the historical, fun, and sometimes tragic stories behind money as we know it: namely, fiat currencies.
In this episode, we’ll review how, despite being the oldest currency still in use, the British pound has seen its purchasing power decrease significantly over the centuries, a pattern unfortunately observed in many fiat currencies.
Illustrated by artist Alberto Miranda (The Guardian Weekly, The Economist, El País, Barron’s Magazine, Capital Magazine) and animated by CoinShares motion designer Marine Adenis, Double Spending offers insight into why Bitcoin may, after all, have a place in modern society.
