I am a PhD economist writing a book about Bitcoin and teaching university courses about Bitcoin. I'm passionate about education related to decentralized networks. I’m the founder of both the Mays Innovation Research Center, an interdisciplinary center at Texas A&M dedicated to
A Billion Bitcoin Transactions
Bitcoin technologically dominates gold as a private store of value. And I can see it approaching the market capitalization of private holdings of gold.
Understanding Bitcoin's Volatility
Suppose that there is an increase in the demand for gold, perhaps due to a flight to quality or a hedge against inflation.
Why Sovereign Computing Is A Natural Extension Of Bitcoin’s Principles
This primacy of property rights is a hallmark of Bitcoin's design, and runs through much of its implementation.
Argentina, Macroeconomics, And Bitcoin
The exciting news last year of the election of Javier Milei in Argentina received broad acclaim throughout the Bitcoin community and libertarian circles.
Is There A Problem With Bitcoin’s Scalability?
The finite number of transactions per block leads to the classic debate between the engineer and the economist.
Bitcoin And The FTX Bankruptcy
Shorting Bitcoin is not possible in the US because of securities regulations. This is a corner of the securities law that has somewhat perplexed me.
How Much Should Bitcoin Change?
All software, Bitcoin included, must evolve over time as users, networks, and use cases evolve. The question is not binary, but a matter of degree.
Could BlackRock Change The Issuance Schedule Of Bitcoin?
With the introduction of the ETF, BlackRock now holds 44,000+ BTC.
Bitcoin And Energy @ Texas A&M
The standard economic solution would be to measure that externality precisely and implement it through a price mechanism.
Diving Into Bitcoin's Difficulty Adjustment
Bitcoin difficulty has a cap on its adjustment, so there will be a lag in moving to a new equilibrium hash rate after big price moves.