Topic: Cryptocurrency

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The Economic Fundamentals of Online Games

– January 1, 2019

Designing a game economy is more art than science, and testifies to the Hayekian notion that economics demonstrates how little we know about what we imagine we can design.

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What Ohio’s Tax Gimmick Really Means for the Blockchain Industry

– December 6, 2018

Regulatory uncertainty is one of the major risks facing the blockchain industry as it matures. Ohio’s courting of the industry throughout 2018 may have value beyond a handful of overblown headlines.

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Crypto Denationalization

Cryptocurrencies and the Denationalization of Money

– December 3, 2018

F.A. Hayek’s proposed market for private monies resembles the market for cryptocurrencies that has emerged over the last decade.

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ekrona

Goodbye Cash, Hello E-krona

– November 27, 2018

The Riksbank—Sweden’s central bank—intends to issue a digital currency.

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satoshi

Let’s Not Know Satoshi’s Identity

– October 26, 2018

One of the beautiful aspects of Bitcoin is that the creator is still unknown.

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Tetherimage

Tether again Breaks the Buck

– October 15, 2018

Under ideal conditions, stablecoins would come to exist due to pure market demand rather than as a reflection of the regulatory climate that has limited access to conventional banking services.

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Regulated Stablecoins

– October 4, 2018

Regulation means both Gemini and Paxos must comply with NYDFS anti-money-laundering (AML) rules as well as efforts to counter the financing of terrorists (CFT).

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saladbitcoin

Blockchain Will Save Our Salad

– September 27, 2018

What this is about is what is called provenance, which is the definitive establishment and documentation of who has owned what and where it has been. This is the foundation contribution of blockchain, to prove provenance better than any other technology in history.

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What Travel Agents Can Teach Us About Blockchain

– September 27, 2018

Disruptive technologies are rarely superior to incumbents in every single product or service the latter provides. And incumbents are rarely passive enough not to adapt and adopt in response to technological change.

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StableCoin

The Problem with Stable Coins

– September 20, 2018

Price volatility is a big problem in the crypto world. But stable coins like Tether, Sagacoin, and Basis have their own issues.

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What Monks Can Teach Us About Blockchain

– September 11, 2018

“While we sit around wondering why blockchain and other technologies aren’t turning the world upside down before our very eyes, it’s instructive to remember that epoch-defining inventions of the past that we now reduce to a sentence or two actually took ages to unfold.” ~ Max Gulker

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karlmarx

Communist Theory Can’t Account for Crypto

– September 7, 2018

A number one fallacy in the history of economics is the labor theory of value. The idea here is that things and actions are made valuable by how much work we put into making them. Sounds intuitively right. It’s completely wrong. Things have value because you and I value them, regardless of labor inputs.

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