The Crypto Crash Is Good for Crypto

The recent fall in cryptocurrency (crypto) and non-fungible token (NFT) values has led to anxiety, finger wagging, and calls for regulation. This is not surprising; bitcoin prices have fallen by one-third in the last 30 days. The largest crypto exchange, Coinbase, is laying off nearly one-fifth of its workforce. And the largest crypto lender, Celsius, [...]

Exploring the Metaverse

Last year, Facebook rebranded itself as Meta, signaling its shift from traditional social media to a big bet on the so-called metaverse. This network of 3D, online spaces is accessed through virtual reality headsets like Meta’s Oculus and promises to revolutionize internet communications. But is there substance behind the hype, or is the metaverse just [...]

How should states put federal broadband funds to use? A conversation with Sen. Deb Fischer

On April 4, AEI’s Ajit Pai hosted an event on how states can use $65 billion from the Infrastructure Investment and Jobs Act (IIJA) for broadband build-out. Sen. Deb Fischer (R-NE) emphasized that the IIJA’s priority is to connect unserved communities to the internet and recommended that individual states establish broadband offices. Watch the recorded [...]

Klobuchar and Clark are wrong about the Department of Defense competition study

Sen. Amy Klobuchar (D-MN) and retired US Army Gen. Wesley Clark teamed up in an Open Markets Institute forum to argue in support of current efforts in Congress to rewrite the meaning of antitrust in the US. These efforts include Klobuchar’s American Innovation and Choice Online Act (AICOA), the Competition and Antitrust Law Enforcement Reform [...]

Meta and Oculus: Under the FTC’s watchful eye | IN 60 SECONDS

Meta has come under investigation by the Federal Trade Commission for supposedly anticompetitive conduct concerning the Oculus headset and App Store, despite the fact that virtual reality is still very new to the market and needs time to adapt to consumer demands. This can only mean trouble for the future of the metaverse. Watch Dr. [...]