People ask me all the time about what I think of digital asset classes like central bank digital currencies (CBDCs) and stablecoins. I like to approach these questions by thinking about what kinds of tools people could benefit the most from in their everyday lives. In the Philippines, the biggest […]
Day: April 5, 2024
Economics Drives Ray-Gun Resurgence – IEEE Spectrum
The technical challenge of missile defense has been compared with that of hitting a bullet with a bullet. Then there is the still tougher economic challenge of using an expensive interceptor to kill a cheaper target—like hitting a lead bullet with a golden one. Maybe trouble and money could be […]