Latest posts

  • 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’

    Read more

  • 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

    Read more

  • 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

    Read more

  • ETF Era Mechanics: How TradFi Shapes Bitcoin’s Price, Hedging, and Capital Flows

    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

    Read more

  • Bitcoin Spam Mitigation and Consensus Trade-offs

    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

    Read more

  • From “0.1 BTC” to Sovereignty: Nodes, Sats, and Community Scale

    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

    Read more

  • Derivatives, Collateral Stress, and Bitcoin Flows

    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

    Read more

  • Bitcoin Core v 30: Relay Policy, Data Payloads, and Miner Incentives

    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

    Read more

  • Digital Settlement and Liquidity Regime Shifts

    My ‘briefing notes’ summarize the content of podcast episodes; they do not reflect my own views. They contain (1) a summary of podcast content, (2) potential information gaps, and (3) some speculative views on wider Bitcoin implications. Pay attention to broadcast dates (I often summarize older episodes) Some episodes I summarize may be sponsored: don’t

    Read more

  • Bitcoin Governance Reality, Payment Pragmatics, and Vault Security

    My ‘briefing notes’ summarize the content of podcast episodes; they do not reflect my own views. They contain (1) a summary of podcast content, (2) potential information gaps, and (3) some speculative views on wider Bitcoin implications. Pay attention to broadcast dates (I often summarize older episodes) Some episodes I summarize may be sponsored: don’t

    Read more