Bitcoin

That pesky Bitcoin

That pesky Bitcoin     For reasons that are not yet clear, Bitcoin has managed to escape regulation for much longer than initially expected. But given its current market value, the risks from a transparency, investor protection and financial stability standpoint are simply too great to continue avoiding the regulatory radar. From a technological point … Continued

2018: The end of financial history?

On the eve of the collapse of the Soviet Union, Francis Fukuyama wrote his famous essay “The End of History?*”, where he argued that the seemingly unstoppable spread of liberal democracy was signaling the endpoint of history whilst understanding the latter as an evolutionary process of a socio-cultural nature. A parallel can be drawn between … Continued