Posts Tagged: Oesterreichische Nationalbank
Overcoming the Legitimacy Crisis of Money with Bitcoin?
Beat Weber’s presentation, “Overcoming the Legitimacy Crisis of Money with Bitcoin?” illustrated concerns over whether or not Bitcoin could support functioning economies. Weber’s succinct answer was: Bitcoin can never become legitimate, for it is “unstable by design”. For example, when the number of new users of Bitcoin increase, the value of Bitcoin increases. The value [...]