Latest posts

  • Bitcoin–CRE Convergence: Energy, Credit, and Operating Edge

    My ‘briefing notes’ summarize the content of Bitcoin-oriented podcast episodes. They contain (1) a summary of podcast content, (2) potential information gaps, and (3) some speculative views on wider Bitcoin implications. I use these for me own horizon scanning research – I have thousands of pod summaries finished but post only some that I think

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  • ETF Flows, Treasury Finance, and Censorship Resistance

    Briefing Notes summarize the content of Bitcoin-oriented podcast episodes. They contain (1) a summary of podcast content, (2) potential information gaps, and (3) some speculative views on wider Bitcoin implications. Summary The October 15, 2025 episode of the Tim Kotzman podcast features Adam Back analyzing how institutional flows and treasury strategies are reshaping Bitcoin’s market

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  • An emerging and urgent need for transdisciplinary research on Bitcoin

    This short 2-page paper was submitted – without luck – as a ‘policy forum’ piece at Science. Eventually I hope to retool this one and get it published as an opinion/perspectives piece once academic journals become a little more interested in Bitcoin. https://dx.doi.org/10.2139/ssrn.4510758 Abstract Bitcoin’s diverse impacts point to the urgent need for transdisciplinary research

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  • Leveraging Bitcoin Miners as Flexible Load Resources for Power System Stability and Efficiency

    This working paper was developed from an unfinished paper that Nic Carter and Shuan Connell had originally drafted. We added Dennis Porter, Brad Jones (former Chair of ERCOT) to the mix and I prepped it up for an academic journal submission. Here is the download for the most recent version of the paper: https://dx.doi.org/10.2139/ssrn.4634256 Abstract:

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  • AI-Assisted Identification of Policy-Salient Research Priorities and Emerging Issues

    This was my first AI methods working paper for the Bitcoin horizon scanning project. To download, click on the link below: https://dx.doi.org/10.2139/ssrn.4502450 Abstract: This paper explores possibilities for integrating artificial intelligence (AI) into horizon scanning and key question exercises to navigate the challenges posed by emerging technologies. It demonstrates, using Bitcoin mining as a case

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  • 100 Important Questions about Bitcoin’s Energy Use and ESG Impacts

    This was my first Bitcoin horizon scanning paper, published in the interdisciplinary journal, Challenges. To download, click on the link below: https://doi.org/10.3390/challe14010001 Abstract: Bitcoin critics have argued that energy-intensive Bitcoin production and adoption will exacerbate global warming. Conversely, Bitcoin advocates have been dismayed by critics’ apparent lack of willingness to scrutinize Bitcoin’s potential role in

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  • What Lyn Alden said

    Lyn Alden 0:00 /805.918186 1×

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  • 2024 Bitcoin research horizon scan

    The link below takes you to my newest horizon scanning working paper, an effort that draws on some 1800 Bitcoin podcast transcriptions to identify key information gaps and research that could help fill the gap. The paper is available open access for download. Identification of important 2024 Bitcoin research needs using an AI-assisted ‘key questions’

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  • Example of a Bitcoin price model

    In this blog, I want to explain the basic structure of our Bitcoin price analysis framework and develop a single model on the impact of a single 500,000 Bitcoin purchase on market prices. Frameworks and Models In a past journal article, we developed a Bitcoin price modeling framework and, in a recent working paper, updated

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  • The Bitcoin Games

    Introduction Bitcoin has emerged as a transformative force in the global financial landscape, attracting significant attention from individuals, institutions, and governments alike. As it continues to gain traction, understanding its adoption through the lens of game theory offers invaluable insights into its possible future trajectory. Game theory, which studies strategic decision-making among rational actors, provides

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