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Home Church Thought

Bitcoin. The virtual currency par excellence

Fernando de la Iglesia Viguiristi SJbyFernando de la Iglesia Viguiristi SJ
July 16, 2018
in Church Thought, Politics
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Bitcoin. The virtual currency par excellence
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Bitcoin is the virtual currency par excellence. Barely a day goes by without it being in the news, either due to wild swings in value, or the multiple reactions it provokes. There are many who argue it should be regulated, and some even suggest banning it, such as the Nobel Prize winning economists, Joseph Stiglitz[1] and Jean Tirole.[2] But what are bitcoins? Who issues them? How do you buy them? What do they mean? What benefits do they give? Do they entail risk? Is regulation needed?

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Tags: cryptocurrencyHenry FinleyJean TiroleJoseph StiglitzSatoshi Nakamoto
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Fernando de la Iglesia Viguiristi SJ

Fernando de la Iglesia Viguiristi SJ

Professor of International Economics at the Pontifical Gregorian University of Rome.

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