Among the first objections that arise for anyone who has just learned about Bitcoin is “this is too complicated to understand.” And it’s true; private keys, block times, difficulty adjustments, UTXOs, ...

This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics. Author’s note: This is the first part of a ...

Monetary policy encompasses the steps taken by a country's central bank to regulate the money supply with the objective of fostering economic growth and ensuring stability. Important methods include ...

2026 will likely be the year when we will start to see serious flaws, with the pure fiat global monetary system exposed. The root cause is the need for accommodating central bank policies in the face ...

E-money development has important yet theoretically ambiguous consequences for monetary policy transmission, because nonbank deposit-taking e-money issuers (EMIs) (e.g., mobile network operators) can ...

Demand for stablecoins has risen significantly but the crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks said. Stablecoins, a ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. With the recent passage of the GENIUS Act, the United ...

Money did originate from the state, no matter how many times contemporary monetary theorists might claim otherwise.

Crypto’s structural flaws make it an unsuitable basis for a monetary system, according to the Bank for International settlements (BIS). Instead, monetary systems could be built around central bank ...