Cryptocurrency and blockchain technology—contemporary buzzwords dominating conversations in the modern era. But what exactly comes to mind when these buzzwords are referenced? Alternative currency? Bitcoin, Ethereum, Dogecoin? Investment? Hedging? Disruption? While these associative terms are likely commonplace, they only begin to scratch the surface with respect to the breadth of the topic. Ultimately, a deep dive into the cryptocurrency and blockchain world presents wide-ranging implications that have the potential to touch nearly all aspects of our world. Such implications stretch from the practical minutia of how the SEC defines a security to the theoretical vulnerabilities of the dollar’s reserve currency status.
This blog post is the first entry in a series of posts that will seek to shed light on the crypto/blockchain buzzwords, particularly in relation to the legal ramifications touching commercial real estate.