http://www.newyorker.com/online/blogs/currency/2014/07/bidding-on-bitcoin.html
An old book that seems prophetic regarding bitcoin is “Denationalisation of Money,” published in 1976 by the Nobel Prize-winning economist Friedrich Hayek. Hayek advocated for multiple competing currencies, which would be independent from governments, rather than hundreds of national currencies. Over time, he wrote, “the appearance and increasing use of the new currencies would, of course, decrease the demand for the existing national ones.”
Topic: [2014-07-11] Bidding on Bitcoin (Read 736 times)
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