Beyond Bitcoin: a new case for new payment systems – MIT News

Beyond Bitcoin: a new case for new payment systems – MIT News

The Bitcoin cryptocurrency has become a center of excitement, mystery, and controversy. Boosters saw it as an investment opportunity, a financial innovation, and a rival to state-controlled currencies; skeptics think it’s a market bubble that wastes energy. MIT economist Robert Townsend sees it differently. For Townsend, Bitcoin, despite all its novelty, is part of a […]

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