Last November, in an act of sheer monetary desperation, the ECB issued an exhaustive, and quite ridiculous, pamphlet titled “Virtual Currency Schemes” in which it mocked and warned about the “ponziness ” of such electronic currencies as BitCoin. Why a central bank would stoop so “low”...
Bitcoins are a currency controlled by no government, no company, and no group, but rather by maths: a series of complex cryptographic calculations rule how many Bitcoins are in existence and how many are traded. Worth more than £500m, it’s the world’s fastest growing. Silk Road is pro...
Iceland MP and WikiLeaks activist Birgitta Jónsdóttir, Lead Developer of The Bitcoin Project Gavin Andersen, Community Editor at The Economist Mark Johnson, Dr. John Parkinson, and Occupy’s Naomi Colvin debate whether we can shift to direct democracy in a digital age.
