August 9, 2018

Blockchain is supposed to be trustless, meaning that it does not require a third party, such as a bank, to validate payments and other asset transfers. As Satoshi Nakamoto, the creator (or creators) of bitcoin, which effectively launched blockchain technology, said: “...

June 27, 2018

No. But it can help. And it would likely play a big role in a privatized postal service that is subject to competition.

What is the issue?

The US Postal Service (USPS) has been noted for its inefficiency and money-losing business model for years. The Cato Institute repo...

June 14, 2018

Blockchain is more than just the technology behind bitcoin. Its use can improve security, efficiency, privacy, and flexibility and reduce platform complexity.

Cryptographic authentication is part of the baseline in the blockchain platform architecture.  As my colleague...

June 6, 2018

Some rural health care facilities and their broadband providers are complaining about inadequate broadband subsidies. At issue is the Federal Communications Commission’s (FCC) Rural Health Care (RHC) Program, which the 1996 Telecommunications Act directed the FCC to c...

April 15, 2018

With the explosion of cryptocurrencies such as bitcoin, technology today has once again leapt far ahead of existing regulatory systems, causing a negative reaction from those who live in regulatory bubbles. Regulatory responses have varied, from China’s banning of many...

March 6, 2018

It is ironic that something called Lifeline is struggling to be relevant. But for the Federal Communications Commission’s (FCC) primary program for helping low-income households afford telecommunications services, this has been reality for several years.

For all of the...

February 5, 2018

Cryptocurrencies are attracting a lot of unfriendly attention. UK Prime Minister Theresa May is concerned about criminal activity, and US Treasury Secretary Steven Mnuchin has also said this is his number one cryptocurrency concern. Leading US financial regulators have...

January 12, 2018

Almost since bitcoin’s inception, there has been much hand-wringing over what some see as the cryptocurrency’s excessive consumption of electricity. According to the detractors, mining bitcoin consumes too much electricity, is bad for the environment, and raises electr...

Bitcoin’s 1,600% rise this year and its recent wild value fluctuations have both excited investors and led critics to predict its demise, some with apparent glee.

The currency’s detractors point to the price run up as nothing more than a bubble that will surely burst. T...

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January 12, 2018

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