Economics professor at Charles University Ladislav Krištoufek joins us for a discussion centered on his new paper, On the Role of Stablecoins in Cryptoasset Pricing Dynamics. In this episode:
- How Ladislav began covering crypto markets in 2013
- Ladislav’s research agenda as it pertains to the crypto markets
- Why the quality of so much Bitcoin academia is dubious
- The academic-practitioner gap and how to close it
- How Ladislav came to write his newest paper
- Methodological details
- How to interpret the findings in the paper
- Whether issuance of stablecoins affects the price of bitcoin
- Ladislav’s critiques of the Griffin and Shams paper
- Key takeaways from Ladislav’s paper
- Ladislav’s ultimate explanation for stablecoin issuance
- Other papers Ladislav recommends on stablecoins
Also mentioned:
- ‘What Keeps Stablecoins Stable?‘, OTB discussion with Ganesh Viswanath-Natraj
- Is Bitcoin Really Untethered? by Griffin and Shams