Here in Episode 4 of our series on Blockchain Economics, Lawrence H. White, Professor of Economics at George Mason University, will walk you through Hayek’s elegantly simple proposal: make private individuals and businesses free to offer their own money to compete with that of the government.
Bitcoin is a serious and direct threat to governments’ power to control and print money. So, politicians and bureaucrats are building Bitcoin into the ultimate boogeyman. It “puts the financial system at the whims of some shadowy group of super-coders,” said Senator Elizabeth Warren. Then there’s the narrative — pushed by British newspaper The Guardian […]
Smart Contracts are an important part of blockchain technology. In this video, we will explain what do we mean by contracts and how they can be complete and incomplete, and why the blockchain is a fantastic technology to accomplish reduction of transaction costs.
Bitcoin and other crypto have put a lot of pressure on governments. They just can’t ignore it anymore. Some have tried really hard to control it (like China), others have embraced it completely, like El Salvador, which just legalized bitcoin as legal tender. In this video, we explore examples of obstacles some countries put on […]
In 2021, Bitcoin hit the impressive mark of $1 trillion in market cap, and all cryptocurrencies nowadays sum over $2.3 trillion. This is an amazing accomplishment over a decade. But why do we need cryptocurrencies? What are altcoins?
In this video, part of the Blockchain Economics course of SFL Academy, we explain some of the most used cryptos and why so many more are being created every day.