15 Mar '13, 7pm

#bitcoin

#bitcoin

I recently had a fascinating chat with the economist Peter Šurda to discuss how nonpolitical cryptocurrencies like bitcoin could alter the future of fractional reserve banking . Peter is also a software developer experienced in the online payments industry and will present at the Bitcoin 2013: The Future of Payments conference in San Jose in May. His 2012 master's thesis at Vienna University of Economics and Business was entitled Economics of Bitcoin: Is Bitcoin an Alternative to Fiat Currencies and Gold? He's an abstract thinker, but the implications of his work are tantalizing: that digital money like Bitcoin opens up possibilities for banking without central planners or a lender of last resort, where interest rates and reserve requirements are driven purely by the market. The debate between the full reserve bankers and the fractional reserve bankers is an old one and it...

Full article: http://www.americanbanker.com/bankthink/how-cryptocurrenc...

Tweets

How Cryptocurrencies Like Bitcoin Could Upend C...

maxkeiser.com 16 Mar '13, 10am

I recently had a fascinating chat with the economist Peter Šurda to discuss how nonpolitical cryptocurrencies like bitcoin...

How Cryptocurrencies Could Upend Banks' Monetar...

I am an e-Money researcher and crypto economist focused on expanding the circulation of nonpolitical digital currencies. M...

Exclusive: Singapore banks likely to drop Malaysia FX reference rate - source

Exclusive: Singapore banks likely to drop Malay...

reuters.com 15 Mar '13, 4am

By Rachel Armstrong SINGAPORE | Fri Mar 15, 2013 12:11am EDT SINGAPORE (Reuters) - Banks in Singapore will likely abandon ...

Exclusive: Singapore banks likely to drop Malaysia FX reference rate - source - Chicago Tribune

Exclusive: Singapore banks likely to drop Malay...

chicagotribune.com 15 Mar '13, 4am

SINGAPORE (Reuters) - Banks in Singapore will likely abandon their reference rate for the Malaysian ringgit, a person with...

“What in the world is a Bitcoin?”: Reporting fr...

sovereignman.com 15 Mar '13, 4pm

Reporting from Santiago, Chile Earlier in the week , I wrote to you about an Argentine car rental agency that had started ...