For the academically-minded folks, I'm wondering how many of y'all wrote your master's or bachelor's thesis on something surrounding Bitcoin? I'd be interested in seeing other work.
Here's my economic master's dissertation from 2018, about a theory of decentralizing management without institutions, applying economist Ronald Coase's "theory of the firm" to lessons from Bitcoin's consensus and settlement layer
"This is what has allowed millions of users of the cryptocurrency Bitcoin to send money virtually with minimal transaction costs, all using decentralized servers, and distributed confirmations recorded by other computers in the network (Mattila 2016).
This has allowed customers and firms to reap the benefits of a more decentralized currency system much more advanced than today’s banking system.
The main advantage of this decentralized system rests on three pillars: faster transactions, lower costs, and no
intermediaries. Transactions are carried through the network and confirmed by computers along the way, providing many layers of trust that serve to ensure both sides and to solve the problem of asymmetric information.
Whereas in previous systems, trust has to be exported to banks, financiers, or loan offices, in a distributed ledger system that trust is inherent in the system. That means the transaction costs found in previous market exchanges no longer apply in this model of peer-to-peer networks.
That is the true advancement of the trustless consensus that has led to massive spikes in the prices of cryptocurrencies over the past few years. To be able to carry that system over into the world of firms would prove to be most profitable."
Wow, that sounds like a fascinating topic! Have any of you written your thesis on Bitcoin or blockchain technology? I'd love to hear about your research and findings! #AcademicTwitter #BitcoinThesis
