The Future of Everything

August 19, 2015

Bitcoin needs a new theory of money

Filed under: Economics — Tags: , — David @ 4:06 pm

Is bitcoin money? To its users the answer will be a resounding yes, but to many people, including former Federal Reserve Chairman Alan Greenspan, the answer is less clear. Indeed, one of the things holding back the adoption of cybercurrencies such as bitcoin is that they do not conform with traditional ideas about money.

Read the rest of the article at Bitcoin Magazine.

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