Taking into account that Bitcoin could revolutionize the existing methods of payment, the Bank of England’s “One Bank Research Agenda Discussion Paper” investigates the possibility of mint
Digital Money
By: Benscha
Posted: Saturday, April 16, 2016 - 03:46
By: Benscha
Posted: Sunday, April 17, 2016 - 00:45
The new finance minister of Greece outlined in a detailed blog post, how a Bitcoin-like virtual currency could be used to get around the ECB’s monopoly on money creation.
By: Benscha
Posted: Sunday, April 17, 2016 - 00:43
The other day we were discussing the possibility of state-made cryptographic coins for book money creation by banks.
In such a scenario, banks would issue digital money against credit following the pattern of book money creation. At the end of the day, there would be digital cash pegged to legal tender besides the usual metal coins and paper monies.
By: Benscha
Posted: Sunday, April 17, 2016 - 00:34
IBM-expert is bullish on Bitcoin: “This is a field where you truly have to be interdisciplinary to make progress.”
Richard Gendal Brown is IBM’s-architect on innovation in banking and financial markets. In a Finextra interview he talks about the future of Bitcoin.
By: Benscha
Posted: Monday, April 18, 2016 - 17:08
Voices of Liberty’s Joe Gressis speaks with economics professors George Selgin and William J. Luther, and cryptocurrency enthusiasts Andreas Antonopoulos, Amanda Billyrock and Mark Friedenbach regarding the the future of money and how cryptocurrencies could affect the global landscape.
By: Benscha
Posted: Monday, April 18, 2016 - 17:28
Richard Gendal Brown, IT-Architect for IBM UK in charge for innovation in banking and financial markets, discusses why the payment card system works the way it does – and why Bitcoin isn’t going to replace it any time soon.
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