By Yanis Varoufakis, Professor of Economics at the University of Athens. Cross posted from his blog The Crash of 2008 has infused our societies with enormous scepticism on the role of the authorities, both government and Central Banks. It is quite natural that many dream of a currency...
Yves here. Some readers questioned the discussion of Bitcoin’s deflationary qualities in a recent post, so this discussion is a useful follow-on. By Dan Kervick, who does research in decision theory and analytic metaphysics. Cross posted from New Economic Perspectives I appeared today...
Conclusion: MtGox can pay journalists with 1.1 million dollars investment they got, so, medias will popularize BTC one period and after that BTC will go down. Most of users of BTC are exchangers who enjoy in speculating in order to gain profit, mass of people don’t have capital to be ...