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Bitcoin’s strange feedback loop
Bitcoin’s design features cause it to behave weirdly: the more speculators buy it, the greater the short-term downward pressure on the cryptocurrency’s...
We will make our own money
In the last decade, everyone has been able to join networks like Airbnb and Uber to rent out their property or services. The
Supply lines
For the last four decades we’ve been living through a period of globalisation, with economies becoming ever more specialised. That specialisation...
Crypto’s broken market structure
The dramatic March 12 price crash in cryptocurrency markets showed that the underlying market structure of bitcoin and ethereum is broken and...
At the sharp end
For anyone working in the financial markets of G20 countries, ‘compliance’ means adherence to a set of laws and regulations governing who...
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