Remember me

Register  |   Lost password?

 

 

SUPPORTED BY
Nvidia
GPUs, Monte Carlo Simulation and Kooderive with Mark Joshi - February 25-27th Mathfinance Conference 2015

The Monetary Future's Blog

The Monetary Future Blog Header

Market-Based Reactions To New Bitcoin Regulation

March 10, 2014 Comments (0)

By Jon Matonis CoinDesk Sunday, February 23, 2014 http://www.coindesk.com/market-based-reactions-new-bitcoin-regulation/ Every action has a reaction, and the world of government regulation is no different. Recently, the regulatory chatter has picked up around Bitcoin and it appears to be focused on two major mandates as perceived by the financial regulators. Number one is the attempt to apply invasive technology-specific money transmitter regulation to a technology that doesn’t seem to fit...

The Evolution of the Bitcoin Clearing House

March 10, 2014 Comments (0)

By Jon Matonis CoinDesk Friday, February 14, 2014 http://www.coindesk.com/evolution-bitcoin-clearing-house/ We may be witnessing the final months of the large international bitcoin exchanges for retail purposes. On the road to maturity, the survivors are most likely to emerge as supra-regional bitcoin clearing houses. Today’s global bitcoin exchange plays the mega-role of both retail and wholesale exchange, providing the platform for individual traders, corporate traders, and smaller...

Legal Online Gambling Is Next Major Bitcoin Market

February 9, 2014 Comments (0)

By Jon Matonis CoinDesk Thursday, January 30, 2014 http://www.coindesk.com/legal-online-gambling-next-major-bitcoin-market/ The international online gambling industry is an estimated $30bn market, and growing. More importantly for Bitcoin, it’s a global market that depends on fast, irreversible payments. Just like a ordinary casino chip in any land-based casino, digital bitcoin provides privacy, immediacy, and payment finality. Unlike most typical consumer purchases (where returns and...

The Implications of Bitcoin: Money Without Government

February 9, 2014 Comments (0)

By Jon Matonis CoinDesk Thursday, January 23, 2014 http://www.coindesk.com/bitcoin-money-without-government/ One of my favorite things about bitcoin is how it’s such an all-inclusive tent. Bitcoin attracts political idealists from the right, political idealists from the left, Silicon Valley technologists, social science academics, philosophers, capitalists, socialists, and even apolitical speculators. Alex Payne kicked off this latest round of analysis with his blog piece: “Bitcoin, Magical...

Bitcoin Exchanges Go Local to Drive Adoption

January 20, 2014 Comments (0)

By Jon Matonis CoinDesk Wednesday, January 15, 2014 http://www.coindesk.com/bitcoin-exchanges-go-local-drive-adoption/ Much of the media attention surrounding bitcoin exchanges has focused on the larger global players, as they are the endpoints that have the majority of bitcoin’s trading volume. This was satisfactory in the early days of bitcoin, as global price discovery was the driving requirement – but now there is a growing need for in-country exchange transactions, due in part to...

What a Landmark Legal Case From Mid-1700s Scotland Tells Us About Fungibility

January 12, 2014 Comments (0)

By goonsack DGC Magazine Monday, November 18, 2013 http://www.dgcmagazine.com/what-a-landmark-legal-case-from-mid-1700s-scotland-tells-us-about-the-fungibility-and-the-very-nature-of-money-and-why-we-should-care-in-light-of-the-recent-coinvalidation-controversy/ John Campbell of the Bank,  cashier of the Royal Bank of  Scotland, c. 1749. A banknote  can be seen on the table.Although the case in question (Crawfurd v. The Royal Bank) happened in the mid-1700s, I think it is highly...

Price Discovery in the Absence of Bitcoin Exchanges

January 5, 2014 Comments (0)

By Jon Matonis CoinDesk Tuesday, December 31, 2013 http://www.coindesk.com/price-discovery-absence-bitcoin-exchanges/ Recently, authorities in India, China, Korea, Denmark, France, and Norway have issued stern warnings regarding the use and trade of bitcoin and other digital currencies. As a consequence, important exchange outlets for price discovery have been slowed or shuttered following the government advisories. Furthermore, India and China represent nearly half of the globe’s total...

The Universe Wants One Money

January 4, 2014 Comments (0)

By Oleg Andreev Friday, June 28, 2013 http://blog.oleganza.com/post/54121516413/the-universe-wants-one-money In this post I address issues of competing government currencies, competing private currencies, gold, silver, bitcoin and alternative “crypto-currencies”. We all know that variety and competion is a good thing. We all want slightly different things, value the same things differently or make different trade-offs. That’s why we have a wide variety of products, prices, quality,...

Bitcoin Analysts Contribute to a Post-Legal Tender Age

December 28, 2013 Comments (0)

By Jon Matonis CoinDesk Monday, December 23, 2013  http://www.coindesk.com/bitcoin-analysts-post-legal-tender/ The year 2013 saw at least three bitcoin analyst reports from financial investment firms, an astonishing achievement for a young five-year-old digital currency. In some economic circles, bitcoin has slowly entered the ‘reserve currency’ lexicon. Are we entering a post-legal tender era, where the provision of money is determined by the market and not by central bankers? Why...

Bitcoin Ideology and the Tale of Casascius Coins

December 26, 2013 Comments (0)

By Jon Matonis CoinDesk Tuesday, December 17, 2013 http://www.coindesk.com/bitcoin-ideology-casascius-coins/ A weekend article in The New York Times examined the ideological underpinnings of the bitcoin cryptocurrency. While the article got most of it correct, it missed some additional principles that are core to the adopters of bitcoin. First of all, a vote for bitcoin is essentially a vote against the established monetary order with its centralized authority, legacy infrastructure, and...