Blockchain

A private investment company located in Geelong, Victoria

Field of Cryptos

…Bitcoin, Blockchain, Ripple, Ethereum! Is this the world’s worst scrabble game, or has everything just changed? It’s been nearly six months since my last newsletter – a long time between drinks, as they say. Enough time to sit back, observe and enjoy the severe gyrations of a digital gold rush. Crypto-currency is the name of the game and everyone seems to be taking part. Stories abound of hackers rummaging through garbage – in search of lost hard drives full of…

Common Money

A 21st Century Roadmap for Competition in Currency In 1976, Professor F.A. Hayek – the 20th Century’s preeminent classical liberal – published a groundbreaking proposal for the denationalization of money. Under the auspices of the Institute of Economic Affairs, Hayek’s monograph called for financial institutions to be afforded the freedom to issue their own competing private currencies. Forty years on, the policy initiative remains off the political agenda. This essay seeks to restate and revitalize the case for competition in…