Philosophy & Economics of Bitcoin

Andrew M. Bailey, Bitcoin Policy Institute

---

---

Week 12: Final Reflections

Lecture: What Now?

Key Themes

• How to conduct a responsible summative evaluation of bitcoin behind-the-veil
• Some practical consequences that follow from a positive behind-the-evil assessment of bitcoin
• The cypherpunk vision, where it has taken us so far, and where it may yet lead

Focal Readings

• Resistance Money, Chapter 12: 'Scorecard'

Secondary Readings

• Sandberg and Lindblom, 'Bitcoins left and right'

Reflections

• 600 words or less: prepare your own scorecard. It should identify various dimensions of evaluation that you find relevant, and assign bitcoin a risk-weighted, behind-the-veil score for each of them, along with a brief statement for each how you arrived at that conclusion.
• 150 words or less: prepare exactly three critical discussion questions about any of the focal readings. For each question, be sure to include a specific quotation or citation to indicate how the readings prompt it, and one sentence about why it matters.

Practicum

• None

Schedule

Tuesday 16 April
Readings	Read Chapter 12 carefully and in its entirety.
Reflections	Complete both Reflections assignments, and submit by midnight before class.
Friday 19 April
Review	No assigned readings or practicum work.