In this episode of Liberty Curious, Kate Wand discusses the Obama-era Operation Chokepoint, and today’s “Operation Chokepoint 2.0” with AIER Senior Research Faculty Thomas Hogan. Tom explains how government regulators […]
Tag: Cryptocurrency
Hayek and Bitcoin
The late economist FA Hayek had a great deal to say about private money, inflation, and indeed, about preserving individual freedoms against a tyrannical state. As we approach the 15th […]
Real Progressives Would Support Bitcoin and the Crypto Economy, Not Regulate It Away
When political progressives address topics like inflation, taxes, or corporate wrongdoing, they claim to speak for the people. Whether it’s the working class or minorities, progressives aim to shape government […]
Crypto Needs Less Regulation, Not More
Recent weeks have witnessed another disaster for the cryptocurrency industry. FTX, one of the largest crypto exchanges, failed. The price of bitcoin, the largest cryptocurrency, fell by more than 20 percent. Industry-wide exposure to […]
Crypto Bad!
When the Adderall-addled Sam Bankman-Fried (SBF) lost control of his crypto-trading platform after defrauding users, many had their priors confirmed. Crypto bad! they cried. This, of course, is rather like […]
Bank and Crypto Runs: F(ac)TX vs Fiction
On October 10th, Douglas Diamond and Philip Dybvig won the Sveriges Riksbank Prize in Economic Sciences, sharing it with Ben Bernanke “for research on banks and financial crises.” According to the […]
From a Shadow Constitution to a Network State
Balaji Srinivasan has distinguished himself as a neurodivergent fount. Ideas and analyses pour out of him, even on bad days. He regales interviewers momently with acronyms and anecdotes as if […]
What Is an FTX?
Sometimes things line up. For example, I spent my Tuesday morning teaching my students about bank runs. After class, I got to watch a bank run in real time. And […]
CBDCs: What Can We Learn From Dollarized Countries?
A central bank digital currency (CBDC) is a digital currency issued by a central bank. It is important to distinguish between digital currency and a digital claim to a currency. […]
The False Face of SBF, FTX, and ESG
In June, the collapse of Terra Luna shook the foundations of the cryptocurrency sector. The contagion that followed drove a handful of other major firms, including Celsius, Voyager, and Three […]