Hacking Through the Weeds to Find the Crypto Gems
Bitcoin: A Novel Economic Institution By Yassine Elmandjra P. 5 financial systems founded on a trust-based model fail to provide predictable economic assurances. If one transaction can be censored and controlled, can’t all transactions be censored and controlled? Can’t the powers-that-be deprive participants of the ability to exchange value globally […]
https://www.bis.org/publ/bppdf/bispap107.pdf p. 1 – Our survey shows that central banks are undertaking extensive work on central bank digital currencies. Globally, emerging market economies are moving from conceptual research to intensive practical development, driven by stronger motivations than those of advanced economy central banks. Central banks representing a fifth of the […]
By Saifedean Ammous Yellow highlight | Location: 416 Bitcoin can be best understood as distributed software that allows for transfer of value using a currency protected from unexpected inflation without relying on trusted third parties. In other words, Bitcoin automates the functions of a modern central bank and makes them […]
I recently read Technological Revolutions and Financial Capital by Carlota Perez. I plan to write a series of articles relating the books in-depth research on how technology develops and diffuses throughout the economy to my thinking on cryptoasset investing. The book is widely applicable to thinking about the how technology […]