- The University of Wyoming is launching a BRI led by Dr. Bradley Rettler
- The goal is more grounded research and understanding of Bitcoin
- Dr. Rettler emphasizes the importance of understanding Bitcoin’s functions
- He aims to provide the profound foundation for expanding its capabilities and applications
The University of Wyoming has introduced the launch of the Bitcoin Research Institute to provide a sound scientific basis for improving Bitcoin.
What Are the Features of the Bitcoin Research Institute?
BRI will be a non-profit organization aimed at creating high-quality research and peer-reviewed publications regarding Bitcoin.
Dr. Bradley Rettler, Associate Professor of Philosophy at the university and future director of BRI, announced in X and commented:
“Much academic Bitcoin research is quite poor because it’s done by people who don’t understand Bitcoin.”
He emphasizes the importance of understanding Bitcoin’s unique functions, such as Tier 2 solutions and supply constraints, in order to conduct valuable research.
It should bring a more sound scientific basis, addressing the flaws in past research caused by an inadequate understanding of Bitcoin and providing a valuable and consistent way to its better understanding for policymakers and journalists.
Conclusions
Establishing a solid academic base is always good news, as it can help specify beyond-current solutions and opportunities and select the most constructive vector for developing the final technology.
It has become especially evident in the astounding AI that implements decades of academic work as soon as sufficient computing power and data are available.
If BRI is effectively established, we can anticipate a wealth of comprehensive, high-standard PhD papers on Bitcoin and cryptocurrency.
These papers could not only wisely guide the allocation of development resources but also make it much more consistent and sustainable.
