cryptonomics.org
Can we value Bitcoin? | cryptonomics
https://cryptonomics.org/2014/02/18/can-we-value-bitcoin
The economics of crypto-markets. Can we value Bitcoin? February 18, 2014. April 14, 2014. A few weeks ago I wrote:. Now, on Twitter today Marc Andreessen. Links to Fortune article citing Stanford economist Susan Athey. Who apparently makes an argument virtually identical to the above:. I’m not privy to this exchange, so I don’t know how much of this argument is attributed to Athey and how much is the Fortune journalist’s own thinking. A bit of Googling turned up this interview. Levels out and let. The ca...
cryptonomics.org
March | 2014 | cryptonomics
https://cryptonomics.org/2014/03
The economics of crypto-markets. March 10, 2014. April 14, 2014. In economics, the artificially scarce token used to allocate scarce resources is called money. So Bitcoin is crowdfunded OSS to run an Economic network. Now, a new generation of Appcoins can be created as open source software, crowdfunded into existence, and go public on day one. They can run networks where Bitcoin may not work, or where separate funding and compensation is needed. Underway by the developers of one client to integrate Bitco...
cryptonomics.org
Some Crypto Quibbles with Threadneedle Street | cryptonomics
https://cryptonomics.org/2014/09/16/some-crypto-quibbles-with-threadneedle-street
The economics of crypto-markets. Some Crypto Quibbles with Threadneedle Street. September 16, 2014. September 16, 2014. Last week the Bank of England published its Quarterly Bulletin, which contained two detailed papers. On digital currencies. The Bank deserves credit for writing such a thoughtful review of this space, which was clearly the product of thorough and open-minded research. One of the two papers titled Innovations in payment technologies and the emergence of digital currencies. Difficulty res...
cryptonomics.org
Why I’m bullish on AppCoins | cryptonomics
https://cryptonomics.org/2014/04/09/why-im-bullish-on-appcoins
The economics of crypto-markets. Why I’m bullish on AppCoins. April 9, 2014. April 14, 2014. This week Vitalik Buterin challenges some of the objections made against alt-coins. The whole post is worth reading, but I want highlight what Vitalik says about appcoins. I agree. In a post last month I wrote. I think it will happen eventually, but this is not the space where cryptocurrency will flourish first IMO. If the metric of success is the velocity of trade rather than the RoR of an exchange rate, then th...
cryptonomics.org
A quick look at Bitcoin transaction volume | cryptonomics
https://cryptonomics.org/2014/01/19/a-quick-look-at-bitcoin-transaction-volume
The economics of crypto-markets. A quick look at Bitcoin transaction volume. January 19, 2014. January 19, 2014. A common rationale for owning Bitcoin is that its logarithmic money supply makes it a good store-of-value. SOV) Like precious metals or rare paintings stored in Swiss vaults, the scarcity of those coins will ensure that they at least keep their value. The price of Bitcoin, one might argue, is the market’s prediction of the long-term growth rate of bitcoin transaction demand. Transactions on th...
cryptonomics.org
April | 2014 | cryptonomics
https://cryptonomics.org/2014/04
The economics of crypto-markets. Why I’m bullish on AppCoins. April 9, 2014. April 14, 2014. This week Vitalik Buterin challenges some of the objections made against alt-coins. The whole post is worth reading, but I want highlight what Vitalik says about appcoins. I agree. In a post last month I wrote. I think it will happen eventually, but this is not the space where cryptocurrency will flourish first IMO. If the metric of success is the velocity of trade rather than the RoR of an exchange rate, then th...
cryptonomics.org
August | 2013 | cryptonomics
https://cryptonomics.org/2013/08
The economics of crypto-markets. The Economics of On-line Learning. August 3, 2013. September 7, 2013. Has an interesting essay. On the economics of on-line learning. The essence of the idea is that the teacher/student relationship in the on-line world has allot in common with the economics of file sharing:. The seed/leech terminology is borrowed from file-sharing where a. 8216;seeder’ is someone who possesses 100% of a file and is in a position. The file, and hence cannot share it. August 3, 2013. Once ...
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