There Will Be No New Bitcoin Man

– May 16, 2020

We live with many of these so-called shortcomings – ignorance, present bias, expansive financial services, pleasure-seeking consumerism, price stability – because we want to and because our psychology and biology implores us to. Not, as bitcoin bros would have you believe, because of fiat money regimes.

READ MORE

Bitcoin’s Disappointing Performance Shows Why Having a Good Product Is Not Enough

– March 25, 2020

Developers, miners, and other players in the Bitcoin community should not let the next opportunity to make the blockchain-based currency useful pass. Bitcoin can’t be the asset many of its developers want it to be without incentivizing the type of curiosity needed to change deeply held beliefs.

READ MORE

The Satoshi Revolution by Wendy McElroy

– February 28, 2020

Wendy McElroy, from her past studies of history and her current deep dive into crypto-technology, understands the power of ideas. Bitcoin and all that is related to it are among the most revolutionary ideas in history.

READ MORE

Are All Cryptocurrencies Pyramid Schemes?

– February 27, 2020

All moneys and valuable items are pyramid schemes, and all holders of money and valuable items hope that the next person in line will pay more for them. That’s how monetary balances work. No big deal.

READ MORE

Why Is Maduro Pushing the Petro?

– February 20, 2020

Why would the Venezuelan government prefer the petro? Three reasons stand out.

READ MORE

Choice in Currency for Valentine’s Day

– February 12, 2020

Valentine’s Day is fast approaching. If you’re looking for the perfect gift for that special someone, who better to ask than an economist? In 1993, Yale economist Joel Waldfogel published a famous paper on the optimal gift-giving strategy. His assessme …

READ MORE