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RE: Cryptoeconomics: A Brief Discussion

in #money6 years ago (edited)

Crypto economics focuses on the economic principles and theory underpinning the blockchain and alternative blockchain implementations.After concluding that we can’t yet predict how the blockchain will affect the economy, but we can expect a substantial amount of disruption
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Cryptocurrencies are a mess and an inovation. There is a need for a proper education on what they are really about. There is also a need for more academic work.

Disruption, no doubt! Though cryptocurrencies are tied with economics theories. Bitcoin is associated with unorthodox economics like the Austrian School, while some others are more closely aligned with orthodox economics. Ripple for one is working with the status quo to ensure adoption and cooperation instead of Bitcoin's almost rebellious approach. I'm glad there's room for both.