Boston Fed Researchers: We’re Bullish on Bitcoin as a Technology

1 Like

as a technology…what about as a currency?

Yeah, great technology. Will have a few million blockchains in 5 years for all kinds of record keeping.
Would Bitcoin be amongst them? Possibly? As a currency? Probably not.


Bitcoin is only the first instance of a great technology that is the block chain.


"The emergence of private digital currencies (such as Bitcoin) has
shown that it is possible to transfer value securely without a
trusted third party. While existing private digital currencies
have economic flaws which make them volatile
2), the distributed
ledger technology
1) that their payment systems rely on may have
considerable promise. "

Nu is based on 1) and solves 2)

1 Like

Refer that to William J. Luther