Cryptocurrencies and Blockchains
A Conversation with Don Wilson, Founder and CEO, DRW Investments LLC
A Discussion with Lars Peter Hansen, Richard Sandor, and Neil Wallace
CO-SPONSORED BY:
The conference exhibited recent research on cryptocurrencies and blockchains, all the way from the technological challenges and game theoretic aspects to macro-monetary-financial as well as regulatory perspectives. The conference featured academic researchers from economics and computer science, investigating the role of cryptocurrencies as a medium of exchange, examining the market structure of decentralized Bitcoin mining, emphasizing the economic limits of the blockchain, and surveying the algorithmic game theory research questions for cryptocurrencies and blockchains. Finally, the conference engaged investors, academics and practitioners in fireside chats and conversations for a complementary perspective. Specifically, University of Chicago’s Lars Peter Hansen conducted a discussion about the challenges of cryptocurrency to become a viable and important means of payment and the potential for blockchain to support socially productive activities. He was joined by the distinguished monetary economist, Neil Wallace, and an experienced designer of new financial markets, Richard Sandor who recently published a book on electronic trading and blockchain.
Read Professor Lars Peter Hansen’s reflection of the conference.
Agenda
Registration and Breakfast
Welcome and Opening Remarks
Some Simple Bitcoin Economics
Is Bitcoin Really Un-Tethered
Break
Can Currency Competition Work?
Lunch Presentation
Moderated Discussion with Don Wilson, Founder and CEO, DRW Investments LLC
Equilibrium Bitcoin Pricing
Break
Decentralized Mining in Centralized Pools
Initial Coin Offerings and the Value of Crypto Tokens
Registration and Breakfast
Blockchain Economics
The Economic Limits of Bitcoin and the Blockchain
Break
An Equilibrium Model of the Market for Bitcoin Mining
Break
Lunch Discussion with Richard Sandor, American Financial Exchange, University of Chicago Law School
Break
Monopoly Without a Monopolist: An Economic Analysis of the Bitcoin Payment System
Fruitchains: An Incentive-Compatible Blockchain
Survey of Algorithmic Game Theory Research Questions for Crypto/Blockchain
Break
Brainstorming Session
Saieh Hall, Room 112