Opinion

Bitcoin Will Soon Be Legal Tender In El Salvador - Here's What That Means

Bitcoin Will Soon Be Legal Tender In El Salvador - Here's What That Means

Jay L Zagorsky, Boston University | Friday September 03, 2021

Legal tender refers to money - typically coins and banknotes - that must be accepted if offered in payment of a debt.

Why A Crypto Geek Paid $500,000 For A Picture Of A Rock

Why A Crypto Geek Paid $500,000 For A Picture Of A Rock

Jared Dillian, Bloomberg Opinion | Wednesday August 25, 2021

NFTs are an incredible innovation that might be even more important than the cryptocurrencies they are based on.

50 Years After Going Off Gold, The Dollar Must Go For Crypto

50 Years After Going Off Gold, The Dollar Must Go For Crypto

Niall Ferguson, Bloomberg Opinion | Friday August 20, 2021

As the digital revolution accelerates, the national era in money is drawing to a close. ... the demand for a monetary revolution is growing.

What Is Decentralized Finance? Expert Explains Risks And Rewards Of DeFi

What Is Decentralized Finance? Expert Explains Risks And Rewards Of DeFi

Kevin Werbach, University of Pennsylvania | Monday August 09, 2021

DeFi eliminates the distinction between ordinary customers and wealthy individuals or institutions, who have access to many more financial products.

What Are Stablecoins? A Blockchain Expert Explains

What Are Stablecoins? A Blockchain Expert Explains

Stephen McKeon, University of Oregon | Sunday August 08, 2021

The majority of the dozens of stablecoins that currently exist use the dollar as their benchmark asset, but many are also pegged to other fiat currencies issued by governments like the euro and yen.

The Blockchain Is Starting To Live Up To Its Potential

The Blockchain Is Starting To Live Up To Its Potential

Aaron Brown, Bloomberg | Sunday August 08, 2021

A blockchain is a digital database, or ledger, used to record information and transactions in a collaborative manner.