Cryptocurrency
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Why JPM Coin Makes Perfect Sense
Using an encrypted digital ledger – one that substitutes hashes for trust – eliminates vast numbers of layers and time. Time and trust equal counterparty risk. Automating this with blockchain drops the costs to a small fraction while increasing certainty.
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JPM Coin Shows Why History Matters for Blockchain Technology
Financial intermediaries that might not stand a chance against blockchain technology were it allowed to develop in a vacuum instead might be strengthened by it.
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Will Bitcoin’s Lightning Network Bring Back the Promise of Electronic Cash?
Ten years have passed since Bitcoin was introduced, and it still isn’t used much in online commerce. Will the Lightning Network get it back on track?
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Why MMT (Ultimately) Doesn’t Matter
MMT is an academically-garbed attempt to overcome the unwelcome fact that governments are as bound by economic limits as firms and individuals are. Yet liberty always triumphs.
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The Blockchain Movement Is Dead, Long Live the Blockchain Industry
With perfect hindsight, we construct narratives about how technology changes the world. The internet flattened the world. Cars replaced horses. But what we miss, the often-catastrophic messiness during those transitions, is so much more interesting.
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Why Facebook’s Stablecoin is Good News for Crypto
Technology rarely does what we hope or predict it will do. In a year of falling exchange rates and failed ICOs, Facebook’s co-option of blockchain technology might be the best news for the industry of 2018.
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The Economic Fundamentals of Online Games
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
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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Let’s Not Know Satoshi’s Identity
One of the beautiful aspects of Bitcoin is that the creator is still unknown.
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Tether again Breaks the Buck
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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Why JPM Coin Makes Perfect Sense
Using an encrypted digital ledger – one that substitutes hashes for trust – eliminates vast numbers of layers and time. Time and trust equal counterparty risk. Automating this with blockchain drops the costs to a small fraction while increasing certainty.
-
•
JPM Coin Shows Why History Matters for Blockchain Technology
Financial intermediaries that might not stand a chance against blockchain technology were it allowed to develop in a vacuum instead might be strengthened by it.
-
•
Will Bitcoin’s Lightning Network Bring Back the Promise of Electronic Cash?
Ten years have passed since Bitcoin was introduced, and it still isn’t used much in online commerce. Will the Lightning Network get it back on track?
-
•
Why MMT (Ultimately) Doesn’t Matter
MMT is an academically-garbed attempt to overcome the unwelcome fact that governments are as bound by economic limits as firms and individuals are. Yet liberty always triumphs.
-
•
The Blockchain Movement Is Dead, Long Live the Blockchain Industry
With perfect hindsight, we construct narratives about how technology changes the world. The internet flattened the world. Cars replaced horses. But what we miss, the often-catastrophic messiness during those transitions, is so much more interesting.
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•
Why Facebook’s Stablecoin is Good News for Crypto
Technology rarely does what we hope or predict it will do. In a year of falling exchange rates and failed ICOs, Facebook’s co-option of blockchain technology might be the best news for the industry of 2018.
-
•
The Economic Fundamentals of Online Games
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.
-
•
What Ohio’s Tax Gimmick Really Means for the Blockchain Industry
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.
-
•
Let’s Not Know Satoshi’s Identity
One of the beautiful aspects of Bitcoin is that the creator is still unknown.
-
•
Tether again Breaks the Buck
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.