Classical Economics in a Quantum World
From Bitcoin to CBDC I have covered the evolution of Bitcoin and its effect on the crypto space since my initial October 2017 post on the subject, The Problem with Bitcoin. This post led to Chapter 22, The Bitcoin Flaw,…
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It’s different this time. The history of volatile bitcoin declines is that at every bottom, bitcoin rises from all the negativity to reach new, unimagined highs. Eventually, the price of bitcoin is destined for a million dollars—or something like that—according…
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The Bank of International Settlement (BIS) released a lengthy update on CBDC progress. It is a safe, reassuring report to justify CBDC as a benign evolution of the monetary system. From the report we glean that all the wonders of…
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Every once in a while I look under the hood to see the inner workings of a crypto. There are thousands of cryptos and new ones are constantly being innovated under less than reliable protocols. They all promise a new…
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The Biden administration issued an Executive Order on Ensuring Responsible Development of Digital Assets on March 9, 2022. What are the implications? There is a story arc to the evolution of cryptocurrency and the blockchain. The cliff notes version of…
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