Sunday, May 28, 2023
The gold trick, the 2023 edition
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Along with the trillion dollar platinum coin and premium/perpetual bonds , the gold trick lies in the genre of strange-accounting-tricks-to...
Thursday, May 18, 2023
The UK can't figure out if crypto is gambling or a financial service. Why not both?
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The UK is wresting with how to regulate crypto. Should it be treated as a financial service or as gambling? The Conservative government want...
Tuesday, May 16, 2023
If Wise can pay interest, why can't USDC?
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Wise, a fintech, is now offering its U.S. customers 4.13% interest as well as FDIC deposit insurance. Meanwhile, the native yield on USDC s...
Thursday, May 11, 2023
Back to 1875
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The last time I wrote about settlement speed was back in 2017. In that article I published a chart of the history of U.S. securities settle...
Monday, May 8, 2023
A YIMBY approach to bitcoin mining
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The Biden government has adopted a NIMBY approach to bitcoin mining. But I think YIMBY (with a twist) would be a better policy. In an attemp...
Thursday, May 4, 2023
Comparative cross-border payments: Wise vs USDC
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image via Guy J. Abel and Stuart Gietel-Basten A popular response to my recent tweet about remittance company Wise went like this: "b...
6 comments:
Monday, May 1, 2023
The myth of crypto exceptionalism
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"It is widely recognized – including by a sitting SEC Commissioner – that existing SEC registration and disclosure requirements are inc...
13 comments:
Wednesday, April 26, 2023
A quick defence of digital substrate agnosticism (or, why banks should be able to issue stablecoins)
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In principle, I'm pro banks-issuing-stablecoins. I think banks should be able to issue dollar IOUs on whatever digital substrate they s...
2 comments:
Monday, April 24, 2023
Zelle vs Interac e-Transfer, or why it's so difficult to kickstart a payments network in the U.S.
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It's difficult to grow a payments product to universality in the United States, and that's partly due to the fact that the U.S. has ...
2 comments:
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