Topic: Cryptocurrency

For Practical Reasons, Blockchain Must Be Privately Innovated (Video)

– October 31, 2019

Governments are the world, at least those that are not trying to suppress the latest and greatest innovations, are making the error of subsidizing blockchain projects, under the mistaken impression that this causes them to be wonderful.

Central Banking, Cryptocurrency, Monetary Policy, Video

Why the Moral Panic Over the Libra? (Video)

– October 24, 2019

When Facebook proposed the Libra, however, moral panic swept Washington.

Cryptocurrency, Technology

Why Your Crypto Forecast of Demise or Supremacy Will Be Wrong

– October 23, 2019

Innovation does not, despite appearances, conform to narratives — fortunately for all of us.

Cryptocurrency, Technology

How Are 5G and Libra Connected?

– October 16, 2019

Spectrum and fiat currency alternatives are technologies of the future; governments seek to control both.

Cryptocurrency, Technology

Crypto’s Loss Is Blockchain’s Gain

– October 11, 2019

The first wave of inefficient, fake, & fraudulent blockchain apps have been washed out; the survivors are delivering real innovation.

Cryptocurrency

The Market Doesn’t Care About Your Technological Superiority

– October 3, 2019

The greatest contribution that bitcoin might be that it spurred incumbent actors to improve and an entire new industry to develop, not that it swept away the entire monetary and financial system as we know it.

Cryptocurrency

Quantum Supremacy Doesn’t Mean Blockchain Is Doomed

– October 1, 2019

Quantum computing, far from destroying blockchain, will spur competitive development.

Cryptocurrency

Does Libra Threaten Monetary Sovereignty?

– September 29, 2019

There is no inherent reason that a global payments system run by technology companies must elide national regulations. If PayPal manages to serve a global community while complying with the rules of all the countries in which it operates, can’t Libra do the same?

Cryptocurrency

Bitcoin, Like Gold, is a Product of Spontaneous Order

– September 16, 2019

Bitcoin is as much a product of spontaneous order as gold; it arose of unrelated innovations in several fields, each coming from different minds and institutions with wholly unrelated objectives.

Cryptocurrency

Stablecoins Might Be a Bridge to Fiat 2.0

– September 12, 2019

As stablecoins develop, mature, and have increased adoption, they might not be driving continued innovation in the crypto space so much as simply rehashing current ideas in a new package.

Cryptocurrency

What Martin Luther Can Teach Us About Bitcoin

– September 5, 2019

Bitcoin maximalists who think the first application of blockchain technology will always be the best do not have history on their side.

Cryptocurrency

Who Should Provide Central Bank Digital Currency?

– September 1, 2019

I can think of just one reason why a central bank might want to get into the business of issuing digital currency: to provide privacy. Regulations prevent that.