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anonymous

Bitcoin flaw could threaten booming virtual currency - tech - 06 November 2013 - New Sc... - 0 views

www.newscientist.com/...-booming-virtual-currency.html

ITGS currency tech security reliability system peopleandmachines

shared by anonymous on 07 Dec 13 - No Cached
  • Bitcoin contains a hitherto unnoticed flaw which threatens to upset the balance of the $1.5 billion economy built on the virtual currency.
  • Although groups form to share computing power and split the profits, what they receive is proportional to the resources they contribute.
dr tech

China Charges Ahead With a National Digital Currency - The New York Times - 0 views

www.nytimes.com/...national-digital-currency.html

ITGS people and machines bitcoin e-currency money technology control politics and governments and politics

shared by dr tech on 01 Mar 21 - No Cached
  • dr tech on 01 Mar 21
     
    "If the eCNY is successful, it will give the central bank new powers, including novel types of monetary policy to help the economy grow. In one possibility that economists have discussed, a central bank could program its digital currency to slowly lose value so that consumers are encouraged to spend it immediately."
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