Sun, Mar 1, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Bitcoin should not be seen as a currency, warns Ernst & Young

Posted on 12 December 2013

The professional services firm argues that bitcoin should be viewed as a payment system, not a currency replacement. Bitcoin does not need to replace normal currency in order to have a future, according to an expert on digital currencies from professional services firm Ernst & Young.
Speaking at an event in London, Roger Willis, who has been following bitcoin since its inception in 2009, described myths around the currency, one of which was its position as a replacement for “fiat” money………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39433 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031