Saturday, March 1, 2014

In Search of a Stable Electronic Currency

Bitcoin, an experiment with a radically new kind of electronic money, has exhibited many of the characteristics of a speculative bubble. That was clear long before the collapse of the Bitcoin exchange Mt. Gox last week.

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2 comments:

  1. First I've heard of UFs. Fascinating. How is speculation controlled? Is there some sort of market where UFs are traded? Some sort of futures market?

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  2. Bitcoin, an experiment with a radically new kind of electronic money, has exhibited many of the characteristics of a speculative bubble. That was clear long before the collapse of the Bitcoin exchange Mt. Gox last week. electronic cigarettes

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