Tag: Money
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How Do Cashback Websites Work?
Cashback websites have become increasingly popular as a way for savvy shoppers to earn money back on their online purchases. If you’ve ever wondered how these sites work and whether they’re too good to be true, this blog post is for you! Let’s break down the process and explore how cashback websites help both shoppers […]
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How “Call Cash Back” Schemes Worked in the UK?
A few years ago in the UK, there was a somewhat unconventional way for people to make money simply by calling certain phone numbers. Known as “call cash back” schemes, these programs allowed individuals to earn cash by spending hours on the phone with premium-rate numbers. It sounds almost too good to be true, right? […]
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How Do Companies Like ‘We Buy Any Car’ Make Money?
In the vast ecosystem of the automobile industry, there exists a segment of companies that have honed a very specific business model—buying used cars from individuals and reselling them for a profit. You may have heard of “We Buy Any Car” and similar platforms. But have you ever wondered how these companies make money? Let’s […]
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If humans were multi-planetary, how would the economy work?
The prospect of humans becoming a multi-planetary species has shifted from the realm of science fiction to a real possibility within our lifetimes. While organizations like SpaceX are developing the technology to make this dream a reality, it’s essential to consider the implications this would have on our economic systems and monetary practices. Interplanetary Trade […]
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Can the Global Economy Operate Without Interest?
Interest – the cost of borrowing money or the return earned on an investment – is deeply woven into the fabric of the world’s financial system. It regulates (or controls) spending and saving behaviours, influences the money supply, and incentivizes lenders to provide loans. The thought of a world economy without interest raises intriguing, complex […]
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If All War Funds Were Redirected to Technology, Where Would We Be Today?
Imagine for a moment a world where the colossal sums of money spent on wars throughout history were instead channeled into technology development. Where might we be today?
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Who owns the rights to bitcoin data?
Bitcoin is a decentralized digital currency that has been gaining in popularity in recent years. As a result, there has been a lot of discussion around who owns the rights to Bitcoin data. At its core, Bitcoin is a peer-to-peer network that allows users to send and receive payments without the need for a central […]