Cross-Border Payments
With the talk of PayPal issuing a stablecoin, the idea of cheapening cross-border payments is bound to come up again. But it’s not really about crossing borders, it’s a little more complex than that....
Category: banking
It ain’t just about programmability
This commentary is a respectful response to JP Koning’s post “Programmable money isn’t new, we’ve had it for ages”.
CBDCs – Asking the Hard Questions
I’ve been following along the CBDC narrative for a number of years. It has been fun watching how the talking points have rapidly evolved. CBDCs seem to be getting closer to reality, driven by...
Money, Programmable Money and Central Bank Digital Currencies (CBDC)
Note: This article was first published on 19 Aug 2020 on the OpenNodes blog, republished here with permission. The greatest trick played on modern society is calling a whole bunch of different instruments with...
Audiobook Launch – The Basics of Bitcoins and Blockchains
Happy news! (and some insights into the mechanics of authoring and publishing a little further down the page) I’ve just been told that the audiobook version of my book “The Basics of Bitcoins and...
Ray Dalio on What Coronavirus Means for the Global Economy
Ray Dalio is one of the best economic thinkers alive. On 9 April 2020, TED interviewed him about what coronavirus means for the global economy. Here is my summary. Any errors, omissions, misunderstandings are...
How unlike cash will CBDCs be?
In this post I discuss several differences between physical cash, and what I imagine retail Central Bank Digital Currencies might end up looking like.
Who legally owns all the shares? Not you.
In this post I explore how legal title to publicly listed shares works in Hong Kong, the USA, and Singapore. Then I relate this to tokens recorded on blockchains.
Banking When the Bank is Shut – Token Maximalism
In this post I describe why freeing financial assets from the books of custodians and returning control of them to their owners could create significant benefits to an economy. This brings together concepts from traditional finance, cryptocurrencies, and enterprise blockchains.
The Basics of Bitcoins and Blockchains
The Basics of Bitcoins and Blockchains is an essential guide for anyone who needs to learn about cryptocurrencies, ICOs, and business blockchains. Written in plain English, it provides a balanced and hype-free grounding in the essential concepts behind the revolutionary technology. It is available on Amazon.
