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Blog iconJonsecon
Jan 17

Bitcoin, Then Everything Else.

This isn’t really the post you think it is. Bear with me. If you’ve been in the crypto space for long enough, you’re more than familiar with the term “Bitcoin Maxi”. This term describes someone who isn’t pro-crypto, they are pro-Bitcoin, and they will often make sure to define just how import that distinction is to them. Bitcoin, to a maxi, is the one true crypto currency. Why does such a subset of people exist? Well, as a monetary economist, I would argue Bitcoin maxis are mostly correct. Bi...

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Proof of Work: Cryptocurrency Adoption Under Economic Stress.

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Comparing Terra/Luna’s Failed Stablecoin Design to Other Stablecoins

Comparing Terra/Luna’s Failed Stablecoin Design to Other Stablecoins

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Bitcoin, Then Everything Else.

Jonsecon

Written by
jonvokal18

Economist, musician.

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Blog iconJonsecon
Dec 5
Laser Eyes 'Til $100K
In celebration of a major price milestone, here’s my Bitcoin story. I’m sure many will find it corny, but the time I’ve dedicated to this asset class makes it worth sharing to me. My fiancé even forced me to acknowledge: “so you’re writing a piece exclusively about your experience with the price changes of money"?”. Yes, I am, but it’s because the asset class is more than money, or the price of that money. The discussion really centers around technology that I think is increasing economic fre...
Comparing Terra/Luna’s Failed Stablecoin Design to Other Stablecoins
Blog iconJonsecon
Oct 31
Comparing Terra/Luna’s Failed Stablecoin Design to Other Stablecoins: Condensed Jon Vokal George Mason University Stablecoins, a popular blockchain-based technology within the cryptocurrency industry, are tokens designed to be pegged to the value of some other asset, most commonly the United States Dollar. There are a variety of ways to design a stablecoin to achieve this peg. Some of these designs have failed, causing the token to “depeg” from the underlying asset. The most notable of these ...
Proof of Work: Cryptocurrency Adoption Under Economic Stress.
Blog iconJonsecon
Oct 31
AbstractOne of the main propositions for cryptocurrency adoption is that it is an alternative to bad monetary policy and helps facilitate economic growth when a country’s institutions fail to do so. Bitcoin bull, Anthony Pompliano, states “We’re going to get to a situation where you need a decentralized, non-censored, non-seizable, non-inflatable, or non-debaseable asset. And when you go looking for it, you'll find Bitcoin. I believe Bitcoin’s best ally is just time. And as more people g...