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...pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-Bitcoin-Drifts-Amid-Potential-Wave-of-Monetary-Easing...-9-17-2019.pdf” title=”Macro – Bitcoin Drifts Amid Potential Wave of Monetary Easing – 9 17 2019″]...

Policy Formulation Survival Guide for Security Status Focus: Regulatory posture toward crypto assets,...I recently gave a speech in front of a policy-focused crowd at the Decentralization Research Center’s...The policies we advocate for today will determine whether we foster sustainable, long-term growth or...view: policy requires balance.

In this memo, we will explore Arbitrum’s newly proposed transaction ordering policy, Timeboost....We will examine how these transaction ordering policies influence value capture at both the application...Transaction ordering policies are a critical aspect of network design, as they directly affect value...

...resonance[2] while actually promoting decentralization: a disclosure based-model with antitrust-like policy...However, from a policy perspective, regulators are very experienced and adept at recognizing and addressing...Our proposed framework will serve to help bring crypto in a larger public policy framework by policing...

Bitcoin & Tighter Policy May Not Mix The last few months of 2021 saw a material shift in the macro...

Stablecoins, Narrow Banking, and the Liquidity Blackhole For over a century, monetary reformers have...The Fed denied it access, citing concerns that TNB could “impair monetary policy transmission” by becoming...The focus here is the role of stablecoins in the monetary structure....Policy Tension & Systemic Risks Stablecoins sit at a unique intersection.

With most of Ethereum’s activity offchain, the battle for MEV extraction is entering a new phase. In the last two weeks,  Arbitrum’s Timeboost and Unichain’s Rollup Boost both went live, and we’re s...

Last week, Google announced its new NFT/blockchain policy for Android-based apps....Google is clearly trying to capitalize on Apple’s more restrictive blockchain policies and become the...

Hint that the banking crisis could impact our assessment of financial conditions and future monetary...policy....Part of the issue here is that the Fed is now pursuing a contradictory monetary policy....Mechanically, the Fed’s current monetary policy is also problematic.

We all know how aggressive monetary and fiscal policymakers were in the aftermath of COVID-19 as they...The giant backstops put in place by such policies turned markets around almost on a dime, and were a...Policymakers Change Their Tune We got a taste for how BTC would react to tighter policy conditions last...

policy....This new monetary policy standard also unlocked more flexible exchange rates by letting central bankers...We’ll creatively call this period of monetary policy the “Bretton Woods era.”...— exceeded that of the U.S. monetary gold stock....and economic policy.

Risk Factor 1: Accommodative Monetary Policy The 2008 GFC gave birth to a new era of experimental monetary...policy] announcement dates.”...This shift can largely be attributed to the major factors we’ve discussed: accommodative monetary policy...

ATH) Increased correlation between asset classes (both returns & volatility) Focus shift from monetary...→ fiscal policy Uneven economic recovery between “haves” & “have nots” Negative real yields (lower...can see; if they’re going to combat the massive debt binge required to fund more expansionary fiscal policies...

The world has seemingly become one big macro trade centered around the fate of global monetary and fiscal...policy....The catalyst for both is tied to recent announcements (or lack thereof) on the fiscal policy front, which...and its potential for a strong upside reversal as a higher beta play on dollar debasement and global monetary...

We’re finally starting to see a real shift in policy after 18 months of “money printer go brrr” memes...We’ve noted before how years and years of dovish policy and low interest rates pushed average investors...risk suffocating the economic recovery, one that’s been largely fueled by massive fiscal spending and monetary...

In response to concerns over monetary sovereignty, the Association states it would “welcome the oversight...currency’s ability to serve as an unimpeded claim on wealth, then it’s likely going to demand a higher monetary...in July 2019 – I noted that, “contrary to some of the perceived threats Libra poses to central bank policies...

...global liquidity on record, policymakers have started to tamper expectations for future stimulus on both monetary...In just the last 18 months, we’ve watched the line between monetary and fiscal policy get so blurred...For several months now, we’ve heard a lot of rumblings about the size and scale of the policy response...

...those interested in my latest interview with NLW, some of the topics we cover include: Impact of Fed policy...Why financial markets and the economy are more interconnected today and how decades of central bank policy...As well as topics like Yield Curve Control, Quantitative Easing, Asset Purchase Programs, Monetary vs...Fiscal Policy, and much more!

...liquidity growth slows and policymakers shift their rhetoric from “do whatever it takes” to “normalizing policy...debasement, so one would expect it to take a material hit in an environment characterized by tighter policy...policy....At the same time, expectations for tighter monetary policy – confirmed by Fed tapering and exacerbated...