In this podcast we discuss the economics of the blockchain and digital cryptocurrencies. Our guest is Christian Catalini, Assistant Professor of Technological Innovation, Entrepreneurship and Strategic Management at MIT’s Sloan School of Management. We begin the conversation by discussing the MIT Digital Currencies Research Study, which enabled the study of the determinants of the diffusion of bitcoin and the role of early adopters. We then transition to a discussion about what is different about the blockchain from an economics perspective. Specific subtopics include credential verification, micro payments, and smart contracts. We also discuss anonymity, pseudo-anonymity, and z-cash. Lastly, we speculate about possible government uses of cryptocurrencies.
References:
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- Some Simple Economics of the Blockchain by Christian Catalini and Joshua Gans
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- Seeding the S-Curve? The Role of Early Adopters in Diffusion – By Christian Catalini and Catherine Tucker