Monday, April 1, 2013

Introduction to Bitcoin

            Bitcoin is a wildly popular, unregulated, and open-sourced digital currency that may have major implications on the future of both investment and monetary policy.  

            Now priced at over 88 dollars per Bitcoin, the currecy got its start in July 2010 at under one cent per Bitcoin.  In the Business Insider article What the Rise of Bitcoin Teaches us about Money, Cullen Roche challenges us to consider what makes good money good.  Does a digital currency make the cut?  Below is a graph depicting the rise in value of Bitcoins.


No comments:

Post a Comment