Bitcoin and Blockchain

Monday, December 18th, 2017

There will probably be a downturn at some point. But we can expect that the most functional cryptocurrencies will remain.

Friday, December 15th, 2017

There’s a lot of talk about bitcoin futures markets these days. And for good reason.

Wednesday, December 13th, 2017

Banning Bitcoin might have the unintended consequence of causing the average citizen to think a lot harder about why governments have a monopoly on currency in the first place.

Thursday, December 7th, 2017

Forget about the price of Bitcoin. The value of digital currencies should be measured in economic freedom and opportunity.

Tuesday, December 5th, 2017

The price of bitcoin has soared and many are left scratching their heads.

Tuesday, December 5th, 2017

Why do some commentators, all smart and competent economists, investors, and journalists, reach such vastly different conclusions about Bitcoin and blockchain technology?

Monday, December 4th, 2017

Is bitcoin based on a Marxist theory of value?

Monday, December 4th, 2017

We should not delude ourselves with notions that our small enclaves of devotees of this or that new technological miracle will make us invulnerable to government coercion. They will not. 

Thursday, November 30th, 2017

In the words of fellow Nobel Laureate Bob Dylan, “don’t criticize what you can’t understand.”

Tuesday, November 28th, 2017

To maintain a high value in the long run, and thus be used as a currency, Bitcoin's dramatic rise will eventually have to moderate.

Thursday, November 23rd, 2017

Money is not about one person in isolation. It is social.

Tuesday, November 21st, 2017

This is the third and final article in a series about blockchain-enabled “smart contracts” and their ability to address retail fraud.

Monday, November 13th, 2017

Imagine if every time you bought a sandwich for a few dollars, the IRS forced you to treat as capital gains or losses any change in value of those dollars on the foreign exchange market since the time you earned them. That’s the way the U.S. government treats two legitimate forms of currency: gold and cryptocurrencies.

Friday, November 10th, 2017

The high price of bitcoin serves as a reminder of its rigid supply, which might ultimately be its undoing.

Thursday, November 9th, 2017

Bitcoin’s messy governance structure might be protecting the currency, rather than preventing quick, strategic decisions.

Tuesday, November 7th, 2017

This is the first in a series of three articles about blockchain-enabled “smart contracts” and their ability to address retail fraud.

Thursday, November 2nd, 2017

While 2017 has seen massive increases in the price of Bitcoin, it might also be remembered as a sobering year for the cryptocurrency’s early adopters and supporters.

Wednesday, November 1st, 2017

Analysts often speak of the possibility that Bitcoin, Ethereum, or another entrant will become the dominant cryptocurrency. But are we taking for granted that there must be a single winner?

Friday, October 20th, 2017

If widespread use of Bitcoin or another cryptocurrency is truly in our future, some series of events will have to disrupt the status quo. Broadly speaking, I see two possibilities, which I’ll call the revolutionary and evolutionary approaches.

Thursday, October 5th, 2017

On October 3, the Committee for Monetary Research and Education held a dinner in New York City featuring four distinguished speakers on the topic of blockchain technology versus fiat currency.