Author(s):
Henry Farrell
Publication Date:
March 9, 2016
Publication Type:
Other Writing
Bitcoin, the decentralised, mainly digital currency that is neither issued nor guaranteed by central banks, has always seemed like a magic trick. Rather than spinning straw into gold it transforms wasted computing power into money that people will actually accept as payment.
Read Full Story from Of Interest http://cyberlaw.stanford.edu/publications/bitcoin-losing-midas-touch
This article by Henry Farrell originally appeared on cyberlaw.stanford.edu on March 09, 2016 at 11:00AM
