Posts Tagged: digital currency

Peter Šurda: Some misconceptions about Bitcoin, and why it is best left ungoverned

By bozhan, March 24, 2014

Economist Peter Šurda made a case against a hierarchical monetary system in his talk “Why is Bitcoin misunderstood: hierarchical vs. decentralized structure of society”. The barriers set for people to entry the money creation and circulation in a centralized banking system, in combination with discretionary monetary policy, lead to a segmented society that Šurda labels [...]

Fresh projects in the Alternatives Bazaar

By armina, March 23, 2014

The Alternatives Bazaar on stage made its debut with Geheimagentur, a project from Germany that started out as a protest against the conventional banking system and as an art installation (“the bank of burning money”). Later on, the project developed into a solution for impoverished communities in Germany. The switch was from burning money to [...]

Eduard de Jong: Towards an open e-currency system

By armina, March 23, 2014

Eduard de Jong started the session on Saturday with a brief history of digital currencies. First of all, he explained, it is important to understand what we mean when we say “electronic currency”: electrons that represent monetary value. The value is transferable and the electrons are on a wire, in silicon, in a magnet. De [...]

More than currency: the importance of Bitcoin as a technology and financial model

By admin, November 29, 2013

A review of the European Bitcoin Conference, Amsterdam 26-28th of September 2013. Media discourse about Bitcoin is live, abundant and hectic. Academia is still sketching a clear, structural approach on the topic. The Bitcoin Europe conference, on another hand, gave good pulse of what the developments and key concerns are at the moment. The European [...]