Bitcoin Is Ideal for Countries Adopting a Passive Monetary Policy
One of Bitcoin’s inherent virtues is being inflation-resistant. This unique feature might be essential to help countries interested in adopting a passive monetary policy. Bitcoin...
Former US Federal Reserve Chairman Alan Greenspan: Bitcoin Not Rational
Former Chairman of the U.S. Federal Reserve Alan Greenspan’s policies were instrumental to one of the worst ever economic meltdowns. Today, he errs once again. He views gold as the...
Bitcoin Hits $7,600 Defying Any Economic Orthodoxy
Not even taking a breather on weekends, Bitcoin prolonged its quick, unrelenting flight into the stratosphere, hitting a new all-time high of $7,600 USD, on Sunday, November 5, 2017...
Is Bitcoin Better than Gold? Part One: Transaction Costs and Centralization
In many ways, gold and Bitcoin are similar. They are both scarce; gold is scarce by nature and Bitcoin has scarcity coded into its protocol. Gold and Bitcoin are divisible; gold can be...
Authorities Uncover Bitcoin-Funded Gunrunning Operation
A clandestine operation conducted by the Australian Federal Police (AFP), in conjunction with the United States Homeland Security Investigations (HSI), has resulted in the toppling of...
Bitcoin: Currency vs Transaction Tool
At this point in time, with Bitcoin becoming increasingly relevant in the mainstream, outside observers are becoming less skeptical and are now genuinely curious about the currency’s...
AlphaPoint’s New Service to Streamline Bitcoin Trading
Currently, there are many separate bitcoin exchanges operating entirely independent of each other. These money markets are in no way interconnected with one another, which makes it...
OP-ED: Beware of Off Chain Bitcoin Transactions
Off Chain Bitcoin transactions are a highly useful innovation for Bitcoin. In such a transaction, a claim on an amount of bitcoin is sent from one person to another. No actual bitcoin...
The Economics of Bitcoin Mining Centralization
Bitcoin mining centralization has been a point of concern in the community for a while now. People are worried that the growing size of mining firms will continue until one of them...
The Economics of Stablecoins
Stablecoins are a new idea that is being advanced by some people in the cryptocurrency community. A stablecoin is a digital currency with a flexible supply. The idea behind such a coin...
Thoughts on Bitcoin Block Size Economics
In October of 2014, Gavin Andresen sparked a community-wide debate over the future of the hard-coded, 1 MB size-cap on Bitcoin blocks. Andresen proposed a change to the Bitcoin...