Category Archives: Cryptoeconomics

What you need to know about Bitcoin

HT: Mankiw

Posted in Cryptoeconomics | 24 Comments

“Stay out of the United States …”

Last week I attended the London BlockChain Week. It is an industry conference (run each year) and was a very interesting combination of people providing thoughtful and provoking presentations interspersed with industry presentations on new product development. A lot of … Continue reading

Posted in Cryptoeconomics, Innovation, Market Economy, Oppressive government, Shut it down. Fire them all. | 29 Comments

Blockchain and Trust

From the WSJ: Blockchain overcomes the problem of lack of trust, thereby eliminating the need for middlemen. The concept relies on math and technology that are complex and often unintelligible to the uninitiated. Here, it is sufficient to appreciate only … Continue reading

Posted in Cryptoeconomics | 16 Comments

Peter Van Valkenburgh: What Is “Blockchain” Anyway?

“Blockchain” has become a buzzword in the technology and financial industries. It is often cited as a panacea for all manner business and governance problems. “Blockchain’s” popularity may be an encouraging sign for innovation, but it has also resulted in … Continue reading

Posted in Cryptoeconomics, Guest Post | 39 Comments

Guest Post: Celebrate 1 Bitcoin = $10K with FEE

When ran its first articles on Bitcoin, the price was $14. It was the curiosity of a tiny number of crypto-mavens. Today the price hit $10,000. It is the most lucrative investment on the planet earth, and perhaps the … Continue reading

Posted in Cryptoeconomics | 22 Comments

Those are features not bugs

Wonderful clickbait headline in The Australian: Why bitcoin won’t work. It offers no lender of last resort. Deflation. Unreliable exchange of value. No profits for central banks. Sigh. With the distributed ledger technology (Blockchain) we don’t need a central bank (to … Continue reading

Posted in Cryptoeconomics | 145 Comments

Weekend Reading

My RMIT colleagues Chris Berg, Jason Potts and I have a new working paper out on the economics of identity. Identification forms a key part of all but the least sophisticated economic and political transactions. More complex or significant transactions … Continue reading

Posted in Cryptoeconomics | 10 Comments

Jeffrey Tucker: A Beginner’s Guide to Bitcoin Chaos

I can’t remember a nuttier weekend in the history of Bitcoin than this one. That’s because the action gets more exciting by the day, with deeper plots, more options, growing complexities, and financial and personal drama all around. You know … Continue reading

Posted in Cryptoeconomics, Guest Post | 21 Comments

What should government do on the blockchain?

Satoshi Nakamoto said Bitcoin would be “very attractive to the libertarian viewpoint”. The pioneers of cryptocurrencies were cypherpunks or crypto-anarchists who wanted to use this new invention to escape the state’s monopoly on money. We’re sympathetic to this — as we argued … Continue reading

Posted in Cryptoeconomics | 13 Comments

An RMIT Guide to the Blockchain Economy

And this from Instapundit. Those last three named persons are all at RMIT and one, bless his heart, even our overseer here at Catallaxy. SO JUST WHAT IS THIS BLOCKCHAIN THING, ANYWAY?: Jeff Tucker explains how Blockchain Technology could be the answer … Continue reading

Posted in Cryptoeconomics | 13 Comments