A little over one month ago, Bitcoin reached a market capitalisation of one trillion dollars. The cryptocurrency, which just ten … Continue reading “Will Covid-induced inflation give cryptocurrencies a boost?”

Plenty of theologians and Christian leaders have become animated by the temptations of money. According to St Paul, the love … Continue reading “A Catholic take on cryptocurrencies”

There is much talk of a “Bitcoin bubble.” However, it is not clear that the idea of digital currencies is … Continue reading “The economics, and ethics, of Bitcoin”

Proponents of Bitcoin like to suggest that it will be the money of the future. Critics point to its price … Continue reading “Bitcoin: the Money of the Future?”

Just recently, California recognised Bitcoin and other digital currencies as valid forms of payment, and Bitcoin prices surged on this … Continue reading “Bitcoin: The Flipside of Money”

I would like to thank the IEA for today publishing my monograph, New Private Monies, which examines three contemporary cases … Continue reading “New private monies can outcompete government monetary systems”

Money in the form of coin, banknotes or numbers on a computer screen, represents a claim on goods and services. … Continue reading “Should currency be denominated in kilowatt hours?”