Why Physicists Should Care about Bitcoin (No I'm Not Selling Anything)

Speaker: Dr. Dhruv Bansal, Unchained Capital

Host: Dr. Victor Yakovenko, UMCP

Abstract: Bitcoin is a new kind of digital money that's often in the news these days, usually for the wrong reasons. But bitcoin is also a real-world network that uses energy and transports information. This means we can use the tools of physics to analyze and constrain bitcoin's behavior. I propose some simple models for bitcoin from the perspectives of dynamical systems, thermodynamics, and statistical mechanics. I hope these lead to some interesting questions and speculations.

Statistical Physics Seminar