What Does Bitcoin Need to Succeed as a Currency? [POLICYbrief]

What Does Bitcoin Need to Succeed as a Currency? [POLICYbrief]

How can a cryptocurrency like Bitcoin succeed in a society based on regulated fiat money? In this episode of POLICYbrief, Professor John O. McGinnis, Northwestern University Pritzker School of Law, explains how the success of cryptocurrencies may depend on “the rule of law and the constitutional respect for a new form of property.”

As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker.

Learn more about John O. McGinnis:
http://www.law.northwestern.edu/faculty/profiles/JohnMcGinnis/

Follow John O. McGinnis on Twitter: @joldmcginn
https://twitter.com/joldmcginn

Related Links:

What Bitcoin Needs to Succeed as a Currency
https://www.lawliberty.org/2019/03/26/what-bitcoin-needs-to-succeed-as-a-currency/

Bitcoin: Order without Law in the Digital Age
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2929133

Differing Views:

The Current And Future Implications Of Cryptocurrency For The Legal Industry
https://www.forbes.com/sites/theyec/2019/04/08/the-current-and-future-implications-of-cryptocurrency-for-the-legal-industry/#93beae968f98

Bitcoin Is A Chaotic Bedlam Of Manipulation And Deceit And That’s Just The Way We Like It
https://dealbreaker.com/2017/03/bitcoin-doesnt-need-your-stinkin-rules

Bitcoin a Refuge for Argentineans?
https://reason.com/2013/05/02/bitcoin-a-refuge-for-argentineans/

India Proposes Law To Ban Cryptocurrencies, 10-Year Prison Term For Users
https://www.ibtimes.com/india-proposes-law-ban-cryptocurrencies-10-year-prison-term-users-2799371

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Juan Kendrick says:

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luis02521 says:

Now the Civic Founder and blockchain entrepreneur Vinny Lingham, believes we’re at the “beginning of a recovery,” adding that BTC could test its all-time high of $20k at some point in the near future:
The cryptocurrency market has been in a bear cycle since the start of 2018, with most cryptos losing 80 percent or more of their values since then. However, the recent price spike seems to have changed the overall sentiments as most analysts now believe that BTC is on its way to recovery. explaining that everybody should buy more and join the gain, for me i advice you multiply the little you have with Diego's strategy, i was able to make 7bt with 1.5bt in 3 weeks with the same strategy, You can reach him on Diegodouglas440@gmail. com or telegram @Diegodouglas440 or whatsapp; WhatsApp +1(985)686-0034.

Lucas Estêvão says:

The all-seeing eye of Bitcoin bull, Tom Lee, is working its magic again this week. The Fundstrat founder posited that Bitcoin could revisit its all-time high of around $20k within the next 12 to 18 months.
Along with Woo, Lee points to Bitcoins prolonged period above the 200-day MA, as well as the upcoming 2020 halving. explaining that everybody should buy more and join the gain, for me i advice you multiply the little you have with Diego's strategy, i was able to make 7bt with 1.5bt in 3 weeks with the same strategy, You can reach him on Diegodouglas440@gmail. com or telegram @Diegodouglas440 or whatsapp; WhatsApp +1(985)686-0034.

Eugen says:

Interesting.

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