One of my favorite aspects of the Bitcoin phenomenon is that it has people talking about monetary economics and finance. Just as recessions tend to produce advances in academic macroeconomics, Bitcoin is forcing a wide cast of characters, from libertarian nerds to economic journalists, to think more deeply than they otherwise would about money and monetary institutions.
Bitcoin and the no-arbitrage condition
Bitcoin and the no-arbitrage condition
Bitcoin and the no-arbitrage condition
One of my favorite aspects of the Bitcoin phenomenon is that it has people talking about monetary economics and finance. Just as recessions tend to produce advances in academic macroeconomics, Bitcoin is forcing a wide cast of characters, from libertarian nerds to economic journalists, to think more deeply than they otherwise would about money and monetary institutions.