Bitcoin: Monetarists Anonymous | The Economist

economist.com 27 Sep '12, 3pm

Bitcoin: Monetarists Anonymous | The Economist

“GIVE me control of a nation’s money supply, and I care not who makes its laws.” So said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty. What would he make of Bitcoin, an online currency with no issuing authority whatsoever? Despite being written off following a speculative bubble and crash last year, the online cryptocurrency is still going strong, not least thanks to its ability to circumnavigate the law. Bitcoin was devised in 2009 by a mysterious figure known as Satoshi Nakomoto. It is the world’s first, and so far only, decentralised online currency. Instead of a central bank, Bitcoins can be issued by anyone with a powerful personal computer: it mints them by solving extremely difficult mathematical problems. The problems are automatically made harder to ensure that the overall supply of Bitcoins cannot grow too fast. They are traded online, with...

Full article: http://www.economist.com/node/21563752?fsrc=scn/tw_ec/mon...

Tweets

@linjaaho » 17 Oct '12, 5pm
Bitcoin: Monetarists Anonymous | The Economist [link] Lol, viittaavat myös suomalaiseen hammaslääkäriin.
@burguete74 » 14 Oct '12, 7pm
RT @resbla: Una moneda electrónica, P2P y sin banco central - Bitcoin: Monetarists Anonymous | The Economist [link]
» 14 Oct '12, 9am
Bitcoin - IT experiment, black market currency, or authority independent alternative? #GlobalEcon [link]
@resbla » 14 Oct '12, 8am
Una moneda electrónica, P2P y sin banco central - Bitcoin: Monetarists Anonymous | The Economist [link]
@WillieSmothers » 09 Oct '12, 3pm
Bitcoin in TheEconomist print edition: "Give me control of a nation’s money supply, and I care not who makes its laws." [link]
@paul_langford » 09 Oct '12, 2pm
Bitcoin: Monetarists Anonymous | The Economist [link] #fin07102 medium of exchange, acceptability, store of value again!
@ctag_355 » 08 Oct '12, 6pm
Bitcoin: Monetarists Anonymous | The Economist [link] @joemeetsjoey
@Jonrules11 » 08 Oct '12, 4pm
Bitcoin: Monetarists Anonymous | The Economist [link] End the Fed?
@msgbi » 08 Oct '12, 3pm
RT @charles_consult: Bitcoin: Monetarists Anonymous | The Economist [link] @rszbt
@temp_projects » 08 Oct '12, 3pm
RT @charles_consult: RT @charles_consult: Bitcoin: Monetarists Anonymous | The Economist [link]
@michimusic » 08 Oct '12, 1pm
interesting - fake money that works, for real Bitcoin: Monetarists Anonymous | The Economist [link]
@SteveBrecher » 04 Oct '12, 7pm
Good short summary of Bitcoin. (For "extremely difficult" read "tedious".) Monetarists Anonymous | The Economist [link]
@UncleFishbits » 04 Oct '12, 4pm
Bitcoin: Monetarists Anonymous |The Economist [link] Post spectacular crash, alternative money rises again
@marcbisbalarias » 04 Oct '12, 10am
Bitcoin. After a spectacular crash, an online currency makes a surprising comeback [link] cc @jordigarias
@TheFinanceLab » 03 Oct '12, 9pm
RT @IlanaTaub: RT @IlanaTaub: #Bitcoin's surprising comeback: turns out a #currency can thrive when no one is making laws for it [link] v ...
@BrandonCorbin » 03 Oct '12, 2pm
Bitcoin makes a come back [link]
@HerberthAmaral » 03 Oct '12, 12pm
Bitcoin: Monetarists Anonymous | The Economist [link] F-O-D-A
@sjoholm » 03 Oct '12, 11am
After a spectacular crash, #Bitcoin makes a surprising comeback [link]
@guidohoermann » 03 Oct '12, 9am
Bitcoin rising again | The Economist [link]
@IlanaTaub » 03 Oct '12, 9am
#Bitcoin's surprising comeback: turns out a #currency can thrive when no one is making laws for it [link] via @TheEconomist
@joeklai7 » 03 Oct '12, 5am
Bitcoin: Monetarists Anonymous | The Economist [link] Bitcoin is back! #entrepy
@value_investing » 03 Oct '12, 5am
RT @intinvfunds: Don't like the USD? How about the Bitcoin? | The Economist [link]
@IntInvFunds » 03 Oct '12, 5am
Don't like the USD? How about the Bitcoin? | The Economist [link]
@ftorstensson » 03 Oct '12, 4am
Bitcoin on the rise again? [link]
@azuur » 03 Oct '12, 3am
Bitcoin: Monetarists Anonymous | The Economist - ¿Qué pensar uno de esta vaina? [link]
@djreyesa » 03 Oct '12, 3am
Do you know what is the #Bitcoin? Monetarists Anonymous [link]
@_shelk » 03 Oct '12, 1am
The new safe heaven for currency? Bitcoin: Monetarists Anonymous | The Economist [link] #fx #bitcoin #payments
@polit2k » 02 Oct '12, 10am
Bitcoin: Monetarists Anonymous | The Economist [link] #browsings
@pierre_lemieux » 02 Oct '12, 2am
Must read: the incredible uncontrolled currency. The wave of the future? -- Bitcoin: Monetarists Anonymous | Economist [link]
@jeffreyatucker » 01 Oct '12, 7pm
RT @chrisbrunner: RT @chrisbrunner: Bitcoin: Monetarists Anonymous | The Economist [link]
@touqo » 01 Oct '12, 4pm
Bitcoin makes a comeback [link] via @Technom4ge & @vilpponen & @elinalappalaine
@johnycassidy » 01 Oct '12, 1pm
Bitcoin is growing up. Will it now be taken seriously? [link]
@MarkAJansen » 01 Oct '12, 7am
RT @dgcmagazine: RT @dgcmagazine: Bitcoin makes it into the Economist: Monetarists Anonymous [link]
@dgcmagazine » 01 Oct '12, 6am
Bitcoin makes it into the Economist: Monetarists Anonymous [link]
@vjuutilainen » 30 Sep '12, 3pm
Bitcoin: Monetarists Anonymous | The Economist [link] via @gavinandresen
@FatTailAlpha » 30 Sep '12, 8am
オーストラリア人、歓喜！　Bitcoin: Monetarists Anonymous | The Economist [link]
@tnkkrn » 30 Sep '12, 8am
シカゴのタクシー運転手とかフィンランドの歯医者でもBitcoinでの支払いを受け付けるところが既にあるらしい。 / Bitcoin: Monetarists Anonymous | The Economist [link]
@petervan » 30 Sep '12, 5am
#Bitcoin in The Economist [link] > very lightweight content article, but does not matter > mainstream attention
@stancarney » 30 Sep '12, 3am
Bitcoin: Monetarists Anonymous | The Economist [link] Fluffy article but good to see more mainstream coverage.
@StanleyEpstein » 29 Sep '12, 11pm
#Bitcoin: Monetarists Anonymous [link] #bank #citadv
@bitcoin_ita » 29 Sep '12, 12am
Bitcoin: Monetarists Anonymous an online currency makes a surprising comeback | The Economist [link] #bitcoin
@DarePdare » 28 Sep '12, 12pm
Example of the use of bit coin and the drugs trade: Bitcoin: Monetarists Anonymous | The Economist [link]
@ErikVoorhees » 28 Sep '12, 3am
Bitcoin: Monetarists Anonymous | The Economist [link] #econ #money #finance #tech
@fnietom » 28 Sep '12, 6pm
Bitcoin: Monetarists Anonymous | The Economist [link]
@ahope71 » 28 Sep '12, 12pm
Bitcoin: Monetarists Anonymous | The Economist [link]
@k4v » 28 Sep '12, 11am
RT @WillardFoxton: RT @WillardFoxton: Really nice bit of #Bitcoin analysis from @dlknowles at the Economist: [link]
@Joshua_Muller » 28 Sep '12, 11am
#Bitcoin: Monetarists Anonymous | The Economist [link]
@paciprosa » 28 Sep '12, 8am
Bitcoin: Monetarists Anonymous | The Economist [link]
@fightingidfraud » 28 Sep '12, 7am
Bitcoin: Monetarists Anonymous | The Economist [link]
@linhares » 28 Sep '12, 3am
Bitcoin: Monetarists Anonymous | The Economist [link]