Sean Stein Smith
Sean Stein Smith was a Visiting Research Fellow at the American Institute for Economic Research, focusing on blockchain, cryptoassets, and the economic impact of these technologies. He is an Assistant Professor at the City University of New York (Lehman College), serves on the Advisory Board of Wall Street Blockchain Alliance, where he also chairs the Accounting Working Group, and chairs the Emerging Technology Interest Group of the New Jersey Society of CPAs. His research has been quoted in dozens of scholarly and practitioner publications, and he is a regular speaker at accounting and technology conferences. Follow him on Twitter.
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Accountants Have Learned To Live With Crypto
“Accounting professionals need to learn to live and work with crypto, and standard setters need to be proactive in the creation of crypto-specific standards. Applying standards developed for the 20th century economy to 21st crypto assets is already causing issues, and should be rectified to avoid wider market disruptions.” ~ Sean Stein Smith
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Why Passenger Railways are Terrible and Freight Railways are Amazing
American railways are the envy of the world. Many might shake a collective head at that statement. In the case of passenger rail that is an appropriate reaction. Since it was pieced together – a government-constructed Franken-rail system built of numerous bankrupt railways which were essentially nationalized – Amtrak has been a reliable money sink,…
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What’s Gone Wrong with the Aramco IPO?
Imagine for a moment, the following: In an industry with global demand there is one organization that has the following advantages. It has the lowest cost of production for its product, exported and used by every country on the planet, and is part of a publicly recognized and accepted price fixing cartel that can counteract…
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The Great Lesson of Vision Fund
A central plan is not a business plan. Even a private sector central plan is doomed to fail.
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Blockchain Adoption: Lessons From Innovations Past
The continued blockchain scrutiny and backlash highlights the need for a new approach.
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How Are 5G and Libra Connected?
Spectrum and fiat currency alternatives are technologies of the future; governments seek to control both.
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Crypto’s Loss Is Blockchain’s Gain
The first wave of inefficient, fake, & fraudulent blockchain apps have been washed out; the survivors are delivering real innovation.
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The Market Doesn’t Care About Your Technological Superiority
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.
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Quantum Supremacy Doesn’t Mean Blockchain Is Doomed
Quantum computing, far from destroying blockchain, will spur competitive development.
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How the WeWork Mess Proves that Markets Work
WeWork is one of the most high profile examples of a once high-flying organization that was first humbled, and then dragged back to earth due to internal issues that eventually came to light.
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Accountants Have Learned To Live With Crypto
“Accounting professionals need to learn to live and work with crypto, and standard setters need to be proactive in the creation of crypto-specific standards. Applying standards developed for the 20th century economy to 21st crypto assets is already causing issues, and should be rectified to avoid wider market disruptions.” ~ Sean Stein Smith
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•
Why Passenger Railways are Terrible and Freight Railways are Amazing
American railways are the envy of the world. Many might shake a collective head at that statement. In the case of passenger rail that is an appropriate reaction. Since it was pieced together – a government-constructed Franken-rail system built of numerous bankrupt railways which were essentially nationalized – Amtrak has been a reliable money sink,…
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•
What’s Gone Wrong with the Aramco IPO?
Imagine for a moment, the following: In an industry with global demand there is one organization that has the following advantages. It has the lowest cost of production for its product, exported and used by every country on the planet, and is part of a publicly recognized and accepted price fixing cartel that can counteract…
-
•
The Great Lesson of Vision Fund
A central plan is not a business plan. Even a private sector central plan is doomed to fail.
-
•
Blockchain Adoption: Lessons From Innovations Past
The continued blockchain scrutiny and backlash highlights the need for a new approach.
-
•
How Are 5G and Libra Connected?
Spectrum and fiat currency alternatives are technologies of the future; governments seek to control both.
-
•
Crypto’s Loss Is Blockchain’s Gain
The first wave of inefficient, fake, & fraudulent blockchain apps have been washed out; the survivors are delivering real innovation.
-
•
The Market Doesn’t Care About Your Technological Superiority
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.
-
•
Quantum Supremacy Doesn’t Mean Blockchain Is Doomed
Quantum computing, far from destroying blockchain, will spur competitive development.
-
•
How the WeWork Mess Proves that Markets Work
WeWork is one of the most high profile examples of a once high-flying organization that was first humbled, and then dragged back to earth due to internal issues that eventually came to light.