Journal
September 2018
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Why Bitcoin Is Technically an Inflationary Currency—Even Though Its Purchasing Power Is Increasing
Our crypto-researcher Demelza Hays explains in her article the inflationary effect of Bitcoin.
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How would F.A. Hayek judge the cryptocurrencies
Ronald-Peter Stöferle explains that with cryptocurrencies such as Bitcoin, a currency competition in the sense of Friedrich August von Hayek is now possible.
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Does it come now the crash of Bitcoin, Mr. Crypto currency expert?
The Bitcoin exchange rate is last under pressure. Since the beginning of September, the cyber currency has lost more than 16 percent in some cases, falling below the psychologically important 7000 US dollar mark. Mark Valek from the Liechtenstein asset management company Incrementum talks about the reasons for the falling prices, the uncertain regulatory environment […]
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Currency Competition & Digital Money: How Current is Hayek’s Proposal?
In this article, Demelza Hays describes Hayek’s vision on state money monopoly and discusses whether cryptocurrencies could be regarded as an effective solution of Hayek’s private money competition proposal on overcoming the permanent abuse of the state money monopoly.