let's develop cryptocurrency economic theory

[virtfund]

The cryptocurrency field needs more economic research done around it. So, I'm asking that people with economics experience help to create this field which can greatly improve the Cryptocurrency economy.

I'm currently working on a study of the Cryptocurrency  economy, I hope to have it complete by the end of the summer.

[egajuarsa]

I am glad you start research. Will you write research paper?

[virtfund]

I am glad you start research. Will you write research paper?

I plan on it.

[V for Varoufakis]

POW and POS are pyramids. If you want to develop a new cryptocurrency economic theory, start from there.

[thaaanos]

POW and POS are pyramids. If you want to develop a new cryptocurrency economic theory, start from there.

this!

[alt19]

Good idea and good luck! The work will be interesting.
Maybe these thoughts will bring a little https://bitcointalk.org/index.php?topic=655461.0 

[Snorek]

The cryptocurrency field needs more economic research done around it. So, I'm asking that people with economics experience help to create this field which can greatly improve the Cryptocurrency economy.

I'm currently working on a study of the Cryptocurrency  economy, I hope to have it complete by the end of the summer.

Cryptocurrency field needs more research, I fully agree,  but it is impossible to conduct research without valid subjects. We need to have reference point. Bitcoin - the most advances and main cryptocurrency right now is in its infancy state, so I we can only guess what will happen in the future with it.

[gentlemand]

Cryptocurrency field needs more research, I fully agree,  but it is impossible to conduct research without valid subjects. We need to have reference point. Bitcoin - the most advances and main cryptocurrency right now is in its infancy state, so I we can only guess what will happen in the future with it.

There are lessons to be learnt as it's happening now, but you're right. Apart from a few noble people trying to develop closed loops and private individuals trading with each other, it's not really an economy at all at present. It's still a system for transmitting dollars.

Regardless of what happen to Bitcoin, it'll be something that's still talked about and analysed for a long, long time to come.

[hazenyc]

See here: http://ssrn.com/author=2372041

[virtfund]

Cryptocurrency field needs more research, I fully agree,  but it is impossible to conduct research without valid subjects. We need to have reference point. Bitcoin - the most advances and main cryptocurrency right now is in its infancy state, so I we can only guess what will happen in the future with it.

There are lessons to be learnt as it's happening now, but you're right. Apart from a few noble people trying to develop closed loops and private individuals trading with each other, it's not really an economy at all at present. It's still a system for transmitting dollars.

Regardless of what happen to Bitcoin, it'll be something that's still talked about and analysed for a long, long time to come.

I beg to differ. A small economy, definitely, but an economy nonetheless. I like to think of the bitcoin economy as a highly unstable , borederless economy with significantly more imports than exports.

[scryptasicminer]

The cryptocurrency field needs more economic research done around it. So, I'm asking that people with economics experience help to create this field which can greatly improve the Cryptocurrency economy.

I'm currently working on a study of the Cryptocurrency  economy, I hope to have it complete by the end of the summer.

The currency might be "new", the market economic behind it is same old same old.

[virtfund]

The cryptocurrency field needs more economic research done around it. So, I'm asking that people with economics experience help to create this field which can greatly improve the Cryptocurrency economy.

I'm currently working on a study of the Cryptocurrency  economy, I hope to have it complete by the end of the summer.

The currency might be "new", the market economic behind it is same old same old.

I would find it hard to believe that there is no difference between a borderless, completely voluntary economy and the national/global economies.

[countryfree]

We shall not need dedicated economic theories. The main difference with fiat is in a controlled growth of the money supply.

[V for Varoufakis]

We need the economic theories. The money supply must grow and shrink with economic activity, allowing stable prices. The question is: How can we do that in cryptos?

[johnyj]

Economy theory is always politically related, so the first question is to answer if government allow the mass circulation of alternative currency? So far, most of the countries only allow their domestic currency to circulate, that also has something to do with tax collection

From this perspective, I think bitcoin will only work as a digital asset, serving specific purposes like saving and international transaction, so the demand is not driven by GDP or something in mainstream economics

[johnyj]

We need the economic theories. The money supply must grow and shrink with economic activity, allowing stable prices. The question is: How can we do that in cryptos?

Money supply does not need to change, the price will change, people will adapt to changing prices with their own strategy

[yayayo]

We need the economic theories. The money supply must grow and shrink with economic activity, allowing stable prices. The question is: How can we do that in cryptos?

Money supply does not need to change, the price will change, people will adapt to changing prices with their own strategy

We don't need economic theory when things simply work in reality. Even less we need economic interventionism. And the very least we need a repetition of central bank interventionism based on economic theories already proven to be wrong in reality.

The very reason Bitcoin was invented was to challenge the current economic system that's based on a braindead economic doctrine that even a 5-year-old quickly identifies as unsustainable BS - unless he is an economist.

Economists may theorize ad infinitum. Meanwhile I use Bitcoin.

ya.ya.yo!

[JackRipper]

Economy theory is always politically related...

Very true. Before it was called "Economics", Economics was called "Political Economy"

[V for Varoufakis]

You need to watch the documentary "The secret of Oz".

https://www.youtube.com/watch?v=7qIhDdST27g

[GoingAround]

POW and POS are pyramids. If you want to develop a new cryptocurrency economic theory, start from there.

You dont know a thing about bitcoin if you think PoW is a pyramid scheme (ponzi scheme I suppose you're trying to say)