#bitcoin

How Cryptocurrencies Could Upend Banks Monetary Role - Bank Think Article

#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...

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@LibertyWatchr » 24 Mar '13, 6pm
How Cryptocurrencies (specifically #bitcoin) Could Upend Banks' Monetary Role | American Banker - [link]
@Sir_Max » 20 Mar '13, 9pm
How Crypto currencies Could Upend Banks' Monetary Role: [link] #News #Bitcoin
@BitcoinOz » 19 Mar '13, 7am
How Cryptocurrencies Could Upend Banks' Monetary Role: Peter is also a software developer experienced... [link] #bitcoin
@AAinslie » 18 Mar '13, 7pm
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@bitcoininfo » 18 Mar '13, 3pm
RT @BTCFoundation: How Cryptocurrencies Could Upend Banks' Monetary Role #bitcoin [link] @jonmatonis
@tylorslinger » 16 Mar '13, 9pm
Bring it down. @BitCoinReporter: How Cryptocurrencies Could Upend Banks Monetary Role - Bank Think Article [link] #bitcoin
@webisteme » 16 Mar '13, 7pm
#Bitcoin opens up possibilities for banking without central planners or a lender of last resort [link] by @jonmatonis
@alldaycreative » 16 Mar '13, 10am
Is Bitcoin digital gold and other questions about fractional reserve banking answered [link]
@jonmatonis » 16 Mar '13, 8am
How Cryptocurrencies Like #Bitcoin Could Upend Central Banking [link] @Libertarian_New @freebanking @webisteme @mises
@GNULinuxGuy » 16 Mar '13, 4am
RT @robustus: #bitcoin may be good enough that money substitutes (fractional reserve credit, etc) wouldn't develop: [link] @jonmatonis
@robustus » 16 Mar '13, 4am
#bitcoin may be good enough that money substitutes (fractional reserve credit, etc) wouldn't develop: [link] @jonmatonis
@BitCoinReporter » 16 Mar '13, 1am
How Cryptocurrencies Could Upend Banks Monetary Role - Bank Think Article [link] #bitcoin
» 16 Mar '13, 12am
RT @CryptoJunky: How Cryptocurrencies Could Upend Banks' Monetary Role [link] #bitcoin
@bodenseepeter » 15 Mar '13, 11pm
"Bitcoin ist digitales Gold" - spannendes Interview zu #Bitcoin [link]
» 15 Mar '13, 7pm
RT @MarcHochstein: How Cryptocurrencies Could Upend Banks' Monetary Role: @jonmatonis chats with @PeterSurda [link] #Bitcoin #FractionalReserve
@MarcHochstein » 15 Mar '13, 7pm
How Cryptocurrencies Could Upend Banks' Monetary Role: @jonmatonis chats with @PeterSurda [link] #Bitcoin #FractionalReserve
@bitcoininfo » 15 Mar '13, 11pm
RT @jonmatonis: How Cryptocurrencies Could Upend Banks' Monetary Role [link] #bitcoin
@jonmatonis » 15 Mar '13, 11pm
How Cryptocurrencies Could Upend Banks' Monetary Role [link] #bitcoin
@CryptoJunky » 15 Mar '13, 8pm
How Cryptocurrencies Could Upend Banks' Monetary Role [link] #bitcoin
@FintechBot » 15 Mar '13, 8pm
RT @MarcHochstein: How Cryptocurrencies Could Upend Banks' Monetary Role: @jonmatonis chats with @PeterSurda [link] #Bitcoin #FractionalReserve
@Iron__Mike » 15 Mar '13, 7pm
RT @MarcHochstein: How Cryptocurrencies Could Upend Banks' Monetary Role: @jonmatonis chats with @PeterSurda [link] #Bitcoin #FractionalReserve

How Cryptocurrencies Could Upend Banks Monetary Role - Bank Think Article

#bitcoin

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