Opinion


Policy

China's Anti-Crypto Crackdown Is Different This Time

Miners leaving China show the seriousness of new enforcement. But constrained trading and investment are more likely to really matter.

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Markets

Why Ethereum's Price Is Built on Firmer Ground Than Bitcoin

Bitcoin's thesis rests on a theory of money and power. Ethereum has a more durable footing: creative computation.

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Markets

Digital Ownership Is Getting Heated

Remote-controlled thermostats in Texas might serve as a reminder to what we give up when we go digital.

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Policy

Go West, Bitcoin! Unpacking the Great Hashrate Migration

All signals indicate the greatest shakeup in the geographic makeup of bitcoin mining since the start of the industrial mining era.

Chinese Communist Party delegates, 2020.

Policy

Money Reimagined: DC's Digital Dollar Choice

As Washington faces up to the implications of digital currency, it has to decide what it prizes more: surveillance or soft power.

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Markets

The Infinite Tomato Economy

A satirical tweet about the compounding return on planting tomatoes reveals a lot about contemporary tech culture.

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Policy

El Salvador Doesn't Need a Bitcoin Mandate

The Bukele administration should consider not enforcing, or eliminating, Article 7 of its new law. Let Bitcoin flourish on its own merits.

National Palace of El Salvador

Markets

The Left’s Bitcoin Dilemma

Politicians like Elizabeth Warren are pushing bitcoin policies that put the U.S.'s commitment to free speech at risk.

Elizabeth Warren at a campaign rally in California

Policy

Paying the IRON Price: Fractional Reserve Banking on a Blockchain

Algorithmic stablecoins are recreating traditional banking. And Iron Finance is learning old lessons all over again.

Game Of Thrones White Walkers Photocall

Markets

The Supercycle: How Crypto Could Shape the Decade Ahead

The supercycle thesis is the bold but vague idea that crypto is on the verge of mass adoption. Here's how it works and what it means.

"Rat Bike"