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Some types of bubbles can have long-term economic benefits.
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Trends in crowdfunding and cryptocurrencies are converging into a mechanism catapulting cash-poor young companies and fashioning a new financing landscape.
READ MORESome of Europe’s biggest electricity operators plan to start trading on a blockchain platform before the end of this year, although a collision with the European Union’s regulatory apparatus remains a possibility. E.ON, Enel, and Engie are among the co …
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Blockchain technology could be essential to making the cars of the future run.
READ MOREWith the meteoric rise of Bitcoin over the past few years, the seams of the system have begun to strain.
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Contra Mises, explicit coordination might be used to launch an intrinsically worthless item. Such a view is in line with standard models of money employed by economists today. Coordination also seems to have played a role in launching bitcoin.
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Blockchain technology introduces a portfolio of options that may enable critical steps toward economic development.
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The American Revolution is still being fought, and the Washington-based administrative state is the biggest enemy.
READ MORESeveral key factors make Bitcoin and other cryptocurrencies at best imperfect substitutes for gold.
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Far too much uncertainty about the future exists to learn much of anything from current swings in Bitcoin’s price.
READ MOREWhen you hand someone a dollar bill, gold coin, or bushel of wheat, the transaction doesn’t require much effort to execute. The seller holds a physical object, and apart from counterfeiting, knows that he or she has been paid. When you pay someone by c …
READ MOREBlockchain technology could revolutionize the way food supply chains work.
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