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What is Economics of Digital Currencies 2014 Q3 about?

This article considers recent innovations in payments technology, focusing on the emergence of privately developed, internet-based digital currencies such as Bitcoin. Digital currency schemes combine both new payment systems and new currencies. Users can trade digital currencies with each other in exchange for traditional currency or goods and services without the need for any third party (like a bank). And their creation is not controlled by any central bank. Bitcoin — currently the largest digital

Author

chrisall

Language

EN