“Policymakers seeking to ban Proof-of-Work, or thinking it can be easily replaced by Proof-of-Stake would do well to keep the inherent and important tradeoffs between the two consensus mechanisms in mind.” ~ David Waugh
“This development is significant because prominent policymakers rely on Piketty and Saez’s research to justify tax increases. These revisions must be taken into account by policymakers seeking to reduce inequality via tax policy.” ~ Amelia Janaskie & David Waugh
“While a return to normal is welcome, if the driving force behind it is political polling and stakes for reelection, we should all pause and reflect on whether these people should be making such monumental decisions about our lives.” ~ David Waugh
“The American people are being misled, and they know it. Their trust in the CDC is falling. The CDC’s actions have completely bewildered the American people. If it continues down this road, it will only erode what little credibility it has left.” ~ David Waugh & Amelia Janaskie
“The Fed already lost credibility by missing its stated inflation target, and the nomination of partisan actors such as Cook would further throttle its credibility.” ~ Phillip W. Magness & David Waugh
“New technology could help to revive America’s flagging civil society. DAOs significantly lower the costs of association, empowering individuals to create solutions to social problems free from governmental burdens.” ~ David Waugh & Robert E. Wright
“The majority of corporate welfare policies appear to remove resources from local populations and via cronyism, politicians try to insulate themselves from the loss of those benefits by removing community members from the decision process.” ~ David Waugh