Classical Economics in a Quantum World
While an increasing cryptocurrency market valuation is indicative of greater acceptance, it does not define its legitimacy as currency. In other words, a currency’s legitimacy is not based on its market valuation but rather on its potential for stability of…
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Cryptocurrency is money, not a rare artifact of speculative value. Decentralized issuance beyond the control of government or central banks is the essential tenet and attraction of cryptocurrency. The immutable, public ledger blockchain provides the foundation for peer-to-peer commerce in…
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Nathan Lewis has written the third in a series of books about gold. Gold is innately understood by all, but theoretical knowledge has wandered in the economics wilderness for nearly a century. I call this the Gold Paradox. Academia and…
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