Bitcoin and Blockchain

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.

Wednesday, September 27th, 2017

With blockchain technology, where is the line between buzzword and legitimate game-changer?

Friday, September 22nd, 2017

Just how much will peoples’ attitudes have to change to allow widespread adoption of a private cryptocurrency like Bitcoin or Ethereum?

Monday, September 18th, 2017

What would happen if Bitcoin’s and Ethereum’s biggest competitor in the cryptocurrency space was the U.S. Federal Reserve? A new report issued by the Bank for International Settlements (BIS) considers whether central banks should issue their own cryptocurrencies.

Monday, September 11th, 2017

Some might expect that the current Russian regime would do everything it could to ban cryptocurrencies and hope they go away, but Russia’s response appears to be more complex and perhaps self-contradictory.

Thursday, August 31st, 2017

A company is trying to bring the calming influence of gold to the Wild West frontier of cryptocurrencies

Monday, August 28th, 2017

A monetary standard based on Bitcoin, a digital currency, would act something like the gold standard in making price levels more predictable and stabilizing exchange rates but would likely be undone by politicians and central bankers.

Monday, August 28th, 2017

When governments try to ban the free exchange of goods and services, markets tend to make them look silly.

Tuesday, August 22nd, 2017

Part 2 of our look at ways banks and financial institutions can use emerging blockchain technology.

Monday, August 21st, 2017

The rise of blockchain technology and associated cryptocurrencies is creating both exciting funding opportunities for young companies and potential regulatory battlegrounds.

Friday, August 18th, 2017

Smart contracts are highly useful in many cases where contracting parties lack a strong ex post enforcement mechanism (like a court system) and need to pre-commit to not defrauding or otherwise taking advantage of each other when executing a contract.