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Can Bitcoin Offer Hope to Skidding Local and National Economies?
Morgen E. Peck
2012-10-03
http://txchnologist.com/post/32799981468/can-bitcoin-offer-hope-to-skidding-local-and-national
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Many Bitcoin proponents envision a future in which we are all using the same digital cryptocurrency, sidestepping banks and credit cards to directly exchange money with others online, and gradually asphyxiating the financial powers that be. It’s a grand scheme.
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The jury is still out on whether Bitcoin will attract enough users to become a global, Internet currency. In the right hands, it could also change the world by reshaping regional economies.
Morgen E. Peck
2012-10-03
http://txchnologist.com/post/32799981468/can-bitcoin-offer-hope-to-skidding-local-and-national
...
Many Bitcoin proponents envision a future in which we are all using the same digital cryptocurrency, sidestepping banks and credit cards to directly exchange money with others online, and gradually asphyxiating the financial powers that be. It’s a grand scheme.
...
The jury is still out on whether Bitcoin will attract enough users to become a global, Internet currency. In the right hands, it could also change the world by reshaping regional economies.
About Txchnologist:
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Txchnologist is an online magazine created in partnership with GE. We offer an optimistic, but not utopian, take on the future and humanity’s ability to tackle the great challenges of our era through industry, technology and ingenuity. We examine ideas that will shape societies, from the developing world to our frenetic and growing cities.
While sponsored by GE, Txchnologist takes a broader look at the world of science and technology. The stories and opinions do not necessarily reflect the views of GE.
While sponsored by GE, Txchnologist takes a broader look at the world of science and technology. The stories and opinions do not necessarily reflect the views of GE.