Post
Topic
Board Economics
Re: Does Bitcoin need a new theory of money?
by
davido
on 05/08/2015, 12:02:34 UTC
Is it too soon to think that "backed b the state" may be losing it's value? As long as governments keep manipulating money there will likely be an interest and audience for bitcoin.
What data did you find for the purposes of your study? Thanks for sharing it!
Yes, "backed by the state" is losing some of its prestige! The paper came out of a book I'm doing about money. The data points are events that were not available to anyone writing about this even a decade ago - the emergence of Bitcoin and other cybercurrencies.