Cryptocurrency
-
•
Bitcoin Creates Trust Where It Previously Couldn’t Exist
What Bitcoin and other blockchain-based cryptocurrencies do is allow transactions to happen in places where trust previously would not have been possible.
-
•
Could ICO Funding Help Find “Lost Einsteins?”
Think about how many brilliant ideas may have been squashed because a would-be inventor was either turned down by traditional gatekeepers of funding, or because they lacked the network or social capital to even initiate the process.
-
•
SEC Issues Warning and Cryptos Jump 10%
Had the state-backed systems of money and payments been working properly, and had been upgraded to work in the digital age, there would have been no need for crypto in the first place. This is the point that official organs will never admit.
-
•
Why Do We Need So Many Monies?
A few years ago, Bernie Sanders uttered a passing comment that elicited howls of laughter among believers in competitive markets. “You don’t necessarily need a choice of 23 underarm spray deodorants,” he said. Today, many people are saying the same thing about cryptocurrencies. Why so many? What’s the point? Why not one only or, actually,…
-
•
Krugman Said It: Bitcoin Is Evil
Nobody should celebrate a system of money and finance in which government controls the on-ramps and off-ramps based on political loyalties. That’s proven to be a very dangerous system. What we need is a censor-proof technology that can make prosperity possible for ever larger swaths of humanity. That’s not “evil”; it’s gloriously good.
-
•
Tulip-Mania Mania Is a Bubble Bound to Burst
The bubble in comparing Bitcoin to the tulip bubble has gotten out of hand.
-
•
Blockchains Could Save Millions in Data Security Costs
We place our trust in financial intermediaries because they have made costly investments over time to engender that trust. Processing payments on a blockchain essentially avoids these costs.
-
•
CryptoCurrency Markets Keep Know-It-Alls Humble
From the time Bitcoin was introduced, it faced ridicule, disgust, smears, and anger. Incredulity would naturally greet a technology that achieved something never before thought possible.
-
•
Bitcoin Isn’t an All-or-Nothing Proposition
There are many intermediate cases where Bitcoin has value for specific applications, without “replacing” the dollar, gold, or any other major underpinning of the global financial system.
-
•
Are Fiat-Currency Crises the Only Path to Mass Adoption of Bitcoin?
Mass adoption of cryptocurrencies is unlikely to take place unless there is “significant monetary instability” or “government support” (fat chance, at least with bitcoin).
-
•
Bitcoin Creates Trust Where It Previously Couldn’t Exist
What Bitcoin and other blockchain-based cryptocurrencies do is allow transactions to happen in places where trust previously would not have been possible.
-
•
Could ICO Funding Help Find “Lost Einsteins?”
Think about how many brilliant ideas may have been squashed because a would-be inventor was either turned down by traditional gatekeepers of funding, or because they lacked the network or social capital to even initiate the process.
-
•
SEC Issues Warning and Cryptos Jump 10%
Had the state-backed systems of money and payments been working properly, and had been upgraded to work in the digital age, there would have been no need for crypto in the first place. This is the point that official organs will never admit.
-
•
Why Do We Need So Many Monies?
A few years ago, Bernie Sanders uttered a passing comment that elicited howls of laughter among believers in competitive markets. “You don’t necessarily need a choice of 23 underarm spray deodorants,” he said. Today, many people are saying the same thing about cryptocurrencies. Why so many? What’s the point? Why not one only or, actually,…
-
•
Krugman Said It: Bitcoin Is Evil
Nobody should celebrate a system of money and finance in which government controls the on-ramps and off-ramps based on political loyalties. That’s proven to be a very dangerous system. What we need is a censor-proof technology that can make prosperity possible for ever larger swaths of humanity. That’s not “evil”; it’s gloriously good.
-
•
Tulip-Mania Mania Is a Bubble Bound to Burst
The bubble in comparing Bitcoin to the tulip bubble has gotten out of hand.
-
•
Blockchains Could Save Millions in Data Security Costs
We place our trust in financial intermediaries because they have made costly investments over time to engender that trust. Processing payments on a blockchain essentially avoids these costs.
-
•
CryptoCurrency Markets Keep Know-It-Alls Humble
From the time Bitcoin was introduced, it faced ridicule, disgust, smears, and anger. Incredulity would naturally greet a technology that achieved something never before thought possible.
-
•
Bitcoin Isn’t an All-or-Nothing Proposition
There are many intermediate cases where Bitcoin has value for specific applications, without “replacing” the dollar, gold, or any other major underpinning of the global financial system.
-
•
Are Fiat-Currency Crises the Only Path to Mass Adoption of Bitcoin?
Mass adoption of cryptocurrencies is unlikely to take place unless there is “significant monetary instability” or “government support” (fat chance, at least with bitcoin).