In Part II of our Quickfire with Professor David Yermack, we turn our focus to some of the more disruptive characteristics of digital currency, and how these innovations can be adapted and adopted by other institutions.

0:17 Are governments attempting to legislate cryptocurrency?
0:55 What are other defining characteristics of cryptocurrency that differ from traditional currency?
1:39 How is digital currency disrupting certain elements of traditional financial institutions?
2:55 Does the relative anonymity and security of Bitcoin ensure privacy?
3:49 What kinds of lessons can traditional financial institutions learn from Bitcoin and cryptocurrency?

See Part I.

Professor Yermack will be teaching a first-of-its-kind course at NYU Stern next year. Keep an eye out for more information!

David L. Yermack is the Albert Fingerhut Professor of Finance and Business Transformation at New York University Stern School of Business. Professor Yermack teaches courses in corporate finance, restructuring firms and industries, and law and finance. Professor Yermack has been with NYU Stern since 1994. His primary research areas include boards of directors, executive compensation, executive stock options, and law and finance. ... View Profile