MG_1121_article

Smart Contracts Can Reduce Incentives to Commit Fraud

– November 21, 2017

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

READ MORE
MG_1113

Cryptocurrency Taxation: Looking for Light at the End of the Tunnel

– November 13, 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.

READ MORE
MG_1109

In Defense of Bitcoin Gridlock

– November 9, 2017

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

READ MORE
BTC Supply

Separating the Technology of Bitcoin from the Medium of Exchange

– November 7, 2017

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

READ MORE
MG_1107_article

Are Smart Contracts the Future of Fraud Prevention?

– November 7, 2017

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

READ MORE
MG_1102

Bitcoin Must Centralize, But Where?

– November 2, 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.

READ MORE
MG_1101

How Important Are Bitcoin’s Network Effects?

– November 1, 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?

READ MORE
RE- SMP[3]

Bitcoin Adoption: Evolution or Revolution?

– October 20, 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.

READ MORE
MG_1005

CMRE Speakers Present Vastly Different Visions for the Future of Blockchain Technology

– October 5, 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.

READ MORE
MG_0927

We Don’t Need to Put Everything on a Blockchain

– September 27, 2017

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

READ MORE
03currency

Cryptocurrencies, Education and Public Opinion

– September 22, 2017

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

READ MORE
MG_0918

Satoshi vs. Uncle Sam: What Happens When Governments Issue Cryptocurrencies?

– September 18, 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.

READ MORE