New Crypto Bill Aims To Circumvent SEC's Regulation-by-Enforcement Strategy
Plus: Steep drop in confidence in higher education, what The Bear can teach us about dynamism and bureaucracy, and more...
Currency
'Cash Is Independence': Ron DeSantis Slams the Government's Plan for Centrally-Controlled Digital Money
"If you don't trust central authority, then you should see this immediately as something that is very problematic," says the Florida governor.
Governments Scramble To Manage, Regulate, and Throttle Crypto
Most dangerously of all, they're starting to make their own central bank digital currencies.
Has Inflation Peaked?
The Federal Reserve started the problem, and consumers are paying for the consequences.
Politicians Cause Real Pain With Inflationary Policies
Inflation damages the economy while doing the greatest harm to the most vulnerable.
What the Hell Just Happened With Crypto?
Last week, the price of bitcoin fell to lows not seen since 2020 while a prominent stablecoin collapsed. Does this mean it was all a Ponzi scheme?
Elizabeth Warren Compares Buying Bitcoin to 'Buying Air'
The Massachusetts senator also came out in favor of creating a central bank digital currency
Biden Has His Eye on Bitcoin
The president's anticipated executive order stopped short of feared regulations but suggests federal unease with uncontrolled development.
Dear Olympics Media: Please Spare Us Your Fawning Over China's Digital Surveillance
Regarding the authoritarian country's central bank digital currency, you do not, under any circumstances, “gotta hand it to them.”
As U.S. Establishment Fails Financially, Leaders Try to Make Cryptocurrencies the Scapegoat
Politicians attack dollar-backed cryptocurrencies called “stablecoins” and the decentralized finance it enables
Legislators Hid a Sneaky Crypto Reporting Provision in the Infrastructure Bill
It's even worse than the widely-skewered broker provision.
Turks Flee to Gold, Bitcoin, and Foreign Currency as Government Devalues Lira
Turkey shows the danger of inflation and giving officials free rein to mess with money.
China Expands Crypto Crackdown, Targeting Mining and Overseas Platforms
Though domestic crypto transactions were banned back in 2017, today's move signals that Chinese authorities are making good on their threats from earlier this year.
Bitcoin: 'A Weapon for Us To Fight Oppression'
Senegalese app developer Fodé Diop sees bitcoin as a way to end "monetary colonialism" in the developing world.
Cryptocurrency Fight Holds Up Infrastructure Bill
For now, the side that wants less cryptocurrency regulation and taxation lost.
Is El Salvador's Embrace of Bitcoin Good, Bad, or Both?
Officially adopting the currency is great news, but mandating acceptance is a problem.
Paul Krugman's 10-Year History of Being Wrong About Bitcoin
Why is it so hard for him to just admit he was wrong?
The Fed's Digital Dollar Would Be 'Nightmareville' for Privacy
Chairman Jerome Powell says the Fed will look into the "benefits and risks" of a digital dollar.
Biden Wants To Track Cryptocurrency, but Bitcoin Seems Safe (for Now)
There are any number of ways regulators may seek to clamp down on cryptocurrencies.
There's Nothing Modern About MMT
Similar measures have been tried before, right here in America, and they have worked. But that's actually not good news for MMT fans today.
Politicians Play With Fire by Risking Inflation
The value of our money may be the latest victim of pandemic-era policy.
How a Socialist Candidate Plans To Destroy Ecuador's Currency
Will Ecuador make the same mistake Venezuela already suffered through with dedollarization?
China Is Rolling Out a Government Digital Currency. We Shouldn't Try to Copy Them.
Western countries aren’t immune to the siren call of surveillance via commerce-tracking.
Facebook Says Its New Digital Currency Will Be 'Open to Anyone.' That's Not True.
Besides, the regulators are already licking their chops.
Bitcoin at 10
A new book aims to chronicle the digital currency's ideological origins.
Trump Administration Labels China a 'Currency Manipulator' After China Briefly Stops Manipulating Its Currency
Don't worry about China's currency manipulation. It only hurts China's own people, and benefits American consumers and businesses.
The Escalating Trade War Is Bad News for Pretty Much Everyone
Stocks plunge as China cuts off purchases of American agricultural goods, U.S. responds by labeling China a "currency manipulator" because the Chinese government is no longer artificially propping up the yuan.
Hong Kong Protests Show Dangers of a Cashless Society
Many digital payments can be tracked, potentially assisting an authoritarian crackdown.
Data Surveillance Shows Why We Need Cash, Cryptocurrencies
A cashless society is a monitored (and potentially controlled) society.
A Crackdown on Cash and Bitcoin? Curbing Crime vs. Empowering the Surveillance State
Economists Kenneth Rogoff and Lawrence H. White face off over what the impact would be of a ban on cryptocurrency and phaseout of the $100 bill.
Australia Attempts to Fight Tobacco Black Markets by Banning Large Cash Transactions
This will hurt innocent people. It may harm legal businesses. And it won't actually work.
In Defense of Cash
Around the world, governments are trying to kill paper money. It's a terrible idea.
Governments Hate Bitcoin and Cash for the Same Reason: They Protect People's Privacy.
Officials want to track every financial transaction you make, and they see cryptocurrencies and cash alike as barriers to achieving that goal.
Is Bitcoin in a Bubble, or Is It Massively Undervalued?
Evaluating the current cycle of buzz
Bitcoin and the Blockchain Will Stomp Out Wall Street Fraud
Q&A with Caitlin Long, a former Morgan Stanley managing director, cryptocurrency enthusiast, and recent convert to Austrian economics.
Indian Prime Minister's Shake Down of Private Wealth
Modi restores a command economy, ends liberalization.
RIP India's Economic Liberalization
PM Modi's demonetization is a scheme to rob private enterprise, just like his socialist predecessors did.
Ramen Noodles Replacing Cigarettes as Prison Currency
The rise of ramen noodles as prison currency can be blamed on cost-cutting that leaves prisoners hungry, says a new study.
In the UK, Like America, Cash is King—of the Growing Shadow Economy
In an age of digital transactions, demand for British banknotes and coins continues to grow to satisfy off-the-books work.
Penn. Town Cites Federal Reg About Pennies as Payment That Expired 50 Years Ago
News outlets repeated the claim while Internet commenters were skeptical.
Heading Into Weekend With No Deal, Greeks Rush to Withdraw Cash
This is what a bank run looks like.
Bitcoin's Long-Term Viability Threatened by Block Size Limits
If unaddressed, an arbitrary protocol quirk implemented by Bitcoin creator Satoshi Nakamoto could soon undermine the scalability and long-term viability of the cryptocurrency.
Abolish Cash? Hell No, Says German Economist. Notes and Coins Are 'Printed Freedom.'
Evading state control is a feature, not a bug
Control Freaks' Solution to Shadow Economy: Nag People and Abolish Cash
They'll try anything but lowering taxes and reducing regulations