Bitcoin 2014’s The Digital Economy Panel: Economic Theory of Bitcoin took place on Saturday, May 17, 2014 at the Passenger Terminal Amsterdam (PTA) Backstage Area from 9:30am-10:30am.
Bitcoin is a peer-to-peer digital currency that challenges the way economists have traditionally thought about money. To quote Robert P. Murphy “its inbuilt scarcity provides an assurance of purchasing power arguably safer than any other system yet conceived.” Yet economists appear to be divided on whether this new form of decentralised “free market money” can fully succeed. This panel looks at the economic theory of bitcoin, analyses some of the economic arguments and critcisms commonly made about cryptocurrencies and examines the growing appetite for and appeal of the non-political monetary unit.
Jon Matonis (Executive Director, Bitcoin Foundation)
Robert Sams (Founder, Cryptonomics)
Robin Teigland (Associate Professor, Stockholm School of Economics)
Peter Surda (Economist, Economicsofbitcoin.com)
Konrad Graf (Author & Investment Research Translator)