2021 Economics of Cryptocurrencies

June 3, 2021

Location: Zoom

Organizers: Aleh Tsyvinski and Wei Xiong

1:00pm to 1:45pm

"Permissioned Distributed Ledgers and the Governance of Money"

Raphael Auer (Bank for International Settlements), Cyril Monnet (University of Bern), *Hyun Shin (Bank for International Settlements)

10:45am to 11:30am

"Crypto Wash Trading" (2.13 MB)

Will Cong (Cornell University)

11:30am to 12:15pm

"Initial Coin Offerings as a Commitment to Competition" (12.44 MB)

Itay Goldstein (University of Pennsylvania)

12:15pm to 1:00pm

"Miner Collusion and the Bitcoin Protocol" (1015.16 KB)

Christine Parlour (University of California, Berkeley)

10:00am to 10:45am

"Investors’ Beliefs and Asset Prices: A Structural Model of Cryptocurrency Demand" (977.25 KB)

Matteo Benetton (University of California, Berkeley), *Giovanni Compiani (University of Chicago Booth)

2:00pm to 2:45pm

"The Future of Cryptocurrencies"

Panel Discussion with Commissioner Hester M. Peirce (Securities and Exchange Commission), Darrell Duffie (Stanford University), Hyun Shin (Bank for International Settlements), Markus Brunnermeier (Princeton University)