Naval Ravikant writes: 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 ge...
https://cryptonomics.org/2014/03/10/appcoins-embedded-cryptocurrencies/
In a post a few weeks ago I wrote: A more sophisticated defence of Bitcoin’s valuation goes like this. Bitcoin is great SOV not just because of its limited supply and those hashing cost network...
The economics of transaction fees in cryptocurrencies are poorly understood. In a previous post I raised some questions about how using tx fees to compensate for hashing costs (as Bitcoin’s dec...
https://cryptonomics.org/2014/02/03/bitcoin-ethereum-and-pigou-the-economics-of-transaction-fees/
Ethereum is a new cryptocurrency project started by Vitalik Buterin and Charles Hoskinson and others. Part of that project is a new currency, called “ether”, but this is NOT another alt-coin....
https://cryptonomics.org/2014/02/01/ethereum-turing-complete-programmable-money/
Eli Dourado has a great great blog that covers allot of issues concerning cryptocurrency, you should follow it if you don’t already. In a new post he reports that Bitcoin volatility has been tr...
https://cryptonomics.org/2014/01/22/is-bitcoin-volatility-really-in-decline/
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 tho...
https://cryptonomics.org/2014/01/19/a-quick-look-at-bitcoin-transaction-volume/
I would count myself in the camp who believe that cryptocurrencies could do to finance what TCP/IP did to communications. Yet I also believe that Bitcoin and most of its current variations suffer...
https://cryptonomics.org/2014/01/15/the-marginal-cost-of-cryptocurrency/
Dorit Ron and Adi Shamir (R&S) of The Weizmann Institute of Science wrote a paper Quantitative Analysis of the Full Bitbcoin Transaction Graph that has received allot of attention in the Bitcoin ...
https://cryptonomics.org/2012/11/10/the-velocity-and-dormancy-of-bitcoin/