Due to popular demand that I don’t quite understand, people have requested I make my Bitcoin research paper available. I did it in 2017/18 as part of my honours degree in economics.
So, here it is, in PDF format: Can Cryptocurrencies like Bitcoin survive their Own Innovation – Final.
I have to issue a disclaimer – my opinion regarding cryptocurrency, and BTC specifically, has changed somewhat since publication. For starters, Bitcoin (BTC) has had its bubble event. And it survived it. Its overall volatility has declined year-on-year, and it is a cheap and viable method of hedging currency risk. In fact, today I purchased my first BTC. Better late than never!
Now, I will be doing a podcast about this topic on Sunday with Ricki Allardice, my resident crypto expert. Bitcoin isn’t some magic get-rich-quick scheme: it is a digital asset and currency. Bitcoin is becoming easier to buy and trade. The exchanges are more secure, and more and more ordinary people are adopting it.
There is definitely more to Bitcoin than its detractors give it credit for. But it is also unfortunately punted by many snake oil salesmen as being something it is not. Bitcoin also has an unfair and undeserved reputation as being used for criminal activity. This is, of course, complete nonsense: criminals have used ordinary cash since forever, and nobody complains about that.
So I invite you to please read my silly paper, and tune in to my latest podcast on Sunday. I will upload it to my channel (the Paratus Podcast) on iono.fm.
Written by Gideon Joubert
Gideon is owner and editor of Paratus