A killer feature for wallets and exchanges
Awhile back I was working on some software for a Bitcoin ATM that didn't offset its Bitcoin sales instantly at an exchange. During that ...
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It was the best of times, it was the worst of times
Juni 29, 2014
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Irving Fisher,
money illusion,
Scott Sumner,
stock market and equities,
System of National Accounts
Edit
You may know by now that the final revision of U.S. first quarter GDP revealed a shocking 2.9% decline while its mirror image, gross domest...
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Bitcoin for charities
The Bitcoin technology has a lot to offer to the non-profit sector. This message permeated the Bitcoin in the Beltway conference. It doesn’...
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The monetary economics of the roll-up
The so-called corporate "roll up" lies at the conjunction of finance and monetary economics. For those monetary econom...
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When the good drives out the bad
Juni 16, 2014
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coins,
credit cards,
Gresham's Law,
intra-Eurosystem credit,
zero lower bound
Edit
There's a fairly regular monetary phenomenon that needs a name. It's similar in nature to Gresham's law, yet the inverse version...
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Why loonies circulate but Susan B. Anthony dollars don't
What causes a new currency to survive while others fail? Why do some cryptocoins never see the light of day while others enjoy successful la...
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Scott Sumner vs. the Real Bills Doctrine
Juni 03, 2014
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Federal Reserve,
John Law,
Mike Sproul,
quantity theory of money,
real bills doctrine,
Scott Sumner
Edit
This is a guest post by Mike Sproul . Mike's last guest post is here . Scott Sumner and I have argued about the backing theory of money ...
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