The Cato Institute’s George Selgin not too lang syne quipped that economists who’re neither gold bugs nor advocates of Modern Monetary Theory (MMT) are distinguished on Twitter by their comparatively low follower numbers (himself included). The joke, for which I owe a hat tip to Nathaniel Whittemore’s podcast interview with Selgin on The Breakdown, appears … St Andrews Cathedral, St Andrews Scotland (image courtesy of photoeverywhere) Twelve years ago today, on Halloween 2008, exactly 491 years after Martin Luther nailed his theses to the door of Wittenberg Castle Church, the idea of Bitcoin was born. More accurately, you could say it was baptized. The network itself wouldn’t exist in a truly […] While there’s no direct financial reward for running a Bitcoin node, it has an advantage over both custodial services (where a third party holds the private keys) and simplified In similar news, Binance’s ... Bitcoin works in ways that are not short-term expedient, but pay dividends in the final analysis. Of course, a protocol-derived pool of rewards with which to pay developers would have been much more convenient, but it would have completely undermined the political neutrality of the monetary system,” he writes. Podcast corner. History of Central Banks George ... Should You Purchase A Bitmain Antminer S9 Bitcoin Miner In 2019 Or 2020? November 11, 2019 New Coinbase Coins, Microsoft + Ethereum, Bitcoin Vs Fiat, No One Uses BCASH Or SV; November 18, 2019 Bitcoin Ethereum Litecoin Ripple Binance Technical Analysis Chart 6/28/2019 By ChartGuys.com; November 4, 2019 By Dr. Chris Kacher of HanseCoin /KJA Digital Asset Investments and Virtue of Selfish Investing on The Capital. The (R)Evolution Will Not Be Centralized™ Second and Third Order Bitcoin As Money. Bitcoin presents us with an opportunity to reinvent gold, or even rethink money for the digital future. A number of economists have suggested that it may be more appropriate to evaluate items based on their degree of moneyness.According to this thinking, it isn’t that something either is or is not money; on the contrary, many items can play a monetary role and some items ... Binance Research, the research arm of global crypto exchange Binance, has collated a series of predictions that Bitcoin market dominance will reach a figure of around 80% by the year 2020.. In this Q2 survey, it said that more than half of all the VIP and institutional clients it surveyed believed that Bitcoin dominance would be in the 40-60% range by the end of this year alone. Economics of Bitcoin Wednesday, 13 July 2016. I'm still around You may have noticed that there hasn't been a new blog post for a long time. It's not that I lost interest in Bitcoin or economics, but my goals with respect to its economic research I more-or-less reached. I studied the concept of liquidity and how it relates to Bitcoin. My papers about the topic have been referenced by economists ... Bitcoin’s (BTC) recent price drop has caught many investors off guard. However, a key metric showing worry among the network’s miners gave a warning several weeks ago. The miner’s rolling inventory (MRI) figure, created by crypto markets data company ByteTree to measure the changes in inventory levels held by these key market participants, remained below […]
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