J.P. Koning

Fellow, Sound Money Project

J.P. Koning is a financial writer and blogger with interests in monetary economics, economic history, finance, and fintech. He has worked as an equity researcher at a Canadian brokerage firm and a financial writer and publisher at a large Canadian bank. More recently, he has written several papers for R3, a distributed ledger company, on the topics of central bank cryptocurrency and cross border payments. He founded the popular blog Moneyness in 2012. He designs economics and financial wallcharts at Financial Graph & Art.

Koning earned his B.A. in Economics from McGill University.

Crypto’s Privacy/Commingling Dilemma

"Mixing is a less-than ideal way to gain privacy. In solving for privacy, mixing introduces another problem; commingling. When you use a mixing tool, you're introducing your licit funds into…

Crypto’s Privacy/Commingling Dilemma

What Does Kyle Rittenhouse’s Legal Campaign Tell Us about Access to Crowdfunding?

"For now, Visa and MasterCard haven't made any discernible efforts to limit crowdfunding accessibility based on concerns over their brand. But if they were to start, that would be a…

What Does Kyle Rittenhouse’s Legal Campaign Tell Us about Access to Crowdfunding?

There’s More than One Way to Make Stablecoins Safe

"The PWG’s worries for the safety of stablecoin users are most applicable to one set of stablecoins: the set including USD Coin and Tether. A 'banks-only' model may be an…

There’s More than One Way to Make Stablecoins Safe

Was Satoshi Nakamoto Right about Bitcoin Payments?

"Satoshi was correct that card systems work 'well enough for most transactions' and thus bitcoin had but a bit part to play in payments. But he was wrong about bitcoin…

Was Satoshi Nakamoto Right about Bitcoin Payments?

Fast Payments Enable Lightning Kidnappings in Brazil

"The only way that the Banco Central do Brasil could completely end PIX-based lightning kidnapping would be to slow the entire system down. That would mean cutting regular Brazilians off…

Fast Payments Enable Lightning Kidnappings in Brazil

Was the OnlyFans Ban a Symptom of Creeping Financial Censorship?

"It is unfortunate that OnlyFans content creators were nearly deplatformed. However, it seems to be a local incident, and not indicative of a global decline in accessibility to payments." ~…

Was the OnlyFans Ban a Symptom of Creeping Financial Censorship?

Decentralized Stablecoins: The Real Peer-to-Peer Electronic Cash Systems

"Bitcoin still has a role to play as a globally popular speculative token. It's time for the decentralized stablecoins to take their place as the real peer-to-peer electronic cash systems."…

Decentralized Stablecoins: The Real Peer-to-Peer Electronic Cash Systems

How Tether Can Improve Its Pie Chart

"Tether will be publishing its next pie chart sometime in the middle of August. Given its flagging issuance, Tether has every reason to do a better job than before. The…

How Tether Can Improve Its Pie Chart

To CBDC or Not to CBDC?

"The risks of building a US or Canadian CBDC are all worth taking on if the problems that they solve are significant. Unfortunately, some of the problems that CBDC advocates…

To CBDC or Not to CBDC?

Hyperbitcoinization: By Choice or by Force?

"It's hard to avoid the conclusion that bitcoin's culture is changing. Getting to 100% bitcoin adoption remains a core plank of the bitcoin community. But now all routes to that…

Hyperbitcoinization: By Choice or by Force?