Category Archives: Cryptoeconomics

Sean Stein Smith: How Are 5G and Libra Connected?

Much has been written about the struggles that Libra, spearheaded by Facebook, has been facing since the original white paper was launched in June. The testimony provided by the head of the program, David Marcus, did very little to take the heat off the project … Continue reading

Posted in Cross Post, Cryptoeconomics | 4 Comments

How to Sell Your Data without Selling Your Soul

My RMIT colleague Chris Berg and I have a report published by the Competitive Enterprise Institute. The privacy dilemma is this: There is an enormous amount of economic value that can be unlocked with the use and analysis of personal data, … Continue reading

Posted in Cryptoeconomics | 6 Comments

Watching Westminster burn

The UK Supreme Court has ruled that proroguing the Parliament was unlawful. The Supreme Court of the United Kingdom has issued a sensational and damning ruling that Prime Minister Boris Johnson acted illegally in suspending parliament for five weeks. There … Continue reading

Posted in Cryptoeconomics, International, Politics | 121 Comments

Anti-trust targets size

From the WSJ: In the early days of DoubleClick, a prospective employee asked what my ultimate goals were for the newly formed internet advertising company. With the arrogance of a young startup founder, I responded, “To be broken up by … Continue reading

Posted in Cryptoeconomics, Free Enterprise, Oppressive government, Technology & Telco | 28 Comments

Read all about it …

As many Cats know my RMIT colleagues and I set up a Blockchain Innovation Hub a couple of years ago and have been working in that space. One of the things that we have tried to do is develop a … Continue reading

Posted in Books and writing, Cryptoeconomics, Gratuitous Advertising | 9 Comments

Platform economies face competition

One of the arguments we (often) hear is that the new digital business model (so-called platform economies) will operate in a winner-take-all market. That we will be inundated with monopolies. Certainly that is the line anti-trust regulators are pushing – … Continue reading

Posted in Cryptoeconomics, Economics and economy, Innovation, Market Economy | 15 Comments

Crony capitalism at work: Will nobody think of the children

It has been painful watching the often sensible Adam Creighton and normally sensible Paul Kelly contort themselves in praise of the ACCC report hit-job on social media platforms this week. Paul Kelly’s effort in The Australian this morning is magnificent … Continue reading

Posted in Cryptoeconomics, Freedom of speech, Market Economy, Media | 49 Comments

Representative democracy is an 18th century technology

This picture turned up in my twitter feed. It summarises representative democracy – a technology designed to provide voice to citizens at a time when communication and transports costs were very high – very nicely. The world we live in … Continue reading

Posted in Cryptoeconomics, Politics | 28 Comments

Libra is not a money market fund

This piece caught my eye in the WSJ. The setup looks very similar to the money-market funds that many companies and investors have used to manage their cash since the early 1970s. On top of traditionally fixing the value of … Continue reading

Posted in Cryptoeconomics | 29 Comments

Economics of Blockchain by Professor Jason Potts and Dr Chris Berg

Posted in Cryptoeconomics | 3 Comments