Bitcoin
Is Cryptocurrency a Racket?
Judge Jed S. Rakoff of the United States District Court for the Southern District of New York reflects on the history of cryptocurrency and his experience adjudicating criminal cases involving it.
Nobel Laureate Eugene Fama Predicts Bitcoin Will Become Worthless
Nobel Prize-winning economist Eugene Fama argues that Bitcoin is fundamentally flawed and predicts it has a near-certain chance of becoming worthless within a decade....
A Founder of the Blockchain Discusses New Research on Inherent Limitations to Bitcoin
In the latest Stigler Center working paper, Chicago Booth's Eric Budish argues that game-theoretic constraints imply there are "intrinsic economic limits to how economically...
Does the Growth of Bitcoin Have Anything to Do with Distrust of Government?
The results of the latest Financial Trust Index (FTI) survey, released last week by Chicago Booth and the Northwestern’s Kellogg School of Management, offer...
Where Will the Crypto Craze Lead? A Venture Capitalist’s View
Can individual cryptocurrencies be programmed with stability in mind and if so, could a plethora of cryptocurrencies exhibit, in the aggregate, stable behaviors?
By now,...
"The Blockchain Is Going to Revolutionize Central Banking and Monetary Policy"
Will governments start using central banks to issue sovereign currency on blockchains? And if so, will that be the end of the fractional reserve...
Blockchains and Corporate Finance: “In a Blockchain Market, Shareholder Activists Might Play Much Less of a Role”
Will blockchain technology lead to less shareholder activism and higher executive compensation? Watch David Yermack’s full Stigler Center lecture on the potential implications of blockchain...
"I Expect That Within the Next 10 Years, Probably Half of the Banks Will be Gone”
Watch David Yermack's full Stigler Center lecture on the potential implications of blockchain technology for the future of finance. First part of a three-part series.
In...
Could Blockchain Technology Alter the Balance of Power Within the Financial System? Q&A with David Yermack
"Blockchain technology is threatening to remake the financial system from the top down in a way that threatens the existence of all the banks,...
Stigler Center Event: David Yermack on Blockchains and the Future of Finance
Yermack, the Albert Fingerhut Professor of Finance and Business Transformation at New York University Stern School of Business, will teach a mini-course of three...
