What Bitcoin Is, and Why It Matters MIT Technology Review

#552 Bitcoin gegen Inflation, BTC bald mehr als 21 Millionen Coins & Western Union testet Ripple Bitcoin: Beyond The Bubble - Full Documentary - YouTube Steve Hanke on Hyperinflation, Monetary Policy, and Debt 10/29/2012 Gavin Andresen on BitCoin and Virtual Currency 04/04/2011 BITCOIN Bitclub Network Webinar with Founder Russ Medlin 1

Unlike other currencies, Bitcoin is underwritten not by a government, but by a clever cryptographic scheme. For now, little can be bought with bitcoins, and the new currency is still a long way ... Deflationary spiral is an economic argument that proposes that runaway deflation can eventually lead to the collapse of the currency given certain conditions and constraints. It is a common criticism made against the viability of Bitcoin.The ‘deflationary spiral’ is a real condition that affects the popular fractional reserve backing system. Deflationary spiral is an economic argument that proposes that runaway deflation can eventually lead to the collapse of the currency given certain conditions and constraints. It is a common criticism made against the viability of Bitcoin.The ‘deflationary spiral’ is a real condition that affects the popular fractional reserve backing system. Russ Roberts, economics professor at George Mason University notes, “that (deflation) is considered very destructive in today’s economies, mostly because when it occurs, it is unexpected,” But he thinks that won’t apply in an economy where deflation is expected. “In a Bitcoin world, everyone would anticipate that, and they know what they got paid would buy more then, than it would ... Elaborate controls to make sure that currency is not produced in greater numbers is not something any other currency, like the dollar or the euro, has,” says Russ Roberts, professor of economics at George Mason University. The consequence will likely be slow and steady deflation, as the growth in circulating bitcoins declines and their value rises.

[index] [7358] [24694] [51268] [31907] [14871] [23595] [37790] [50368] [14878] [35677]

#552 Bitcoin gegen Inflation, BTC bald mehr als 21 Millionen Coins & Western Union testet Ripple

Steve Hanke of Johns Hopkins and the Cato Institute talks with EconTalk host Russ Roberts about hyperinflation and the U.S. fiscal situation. Hanke argues that despite the seemingly aggressive ... Don't miss your chance to check out this exciting opportunity to be at the forefront of Bitcoin mining. Watch your profits grow with this new currency. Don't miss the boat. Lets get you involved ... Gavin Andresen, Principal of the BitCoin Virtual Currency Project, talks with EconTalk host Russ Roberts about BitCoin, an innovative attempt to create a decentralized electronic currency. Hoover Institution Research Fellow Russ Roberts responds to your questions on how the middle class is doing. We often hear that the middle class is stagnating and making no economic progress over ... Thanks for watching! For donations: Bitcoin - 1CpGMM8Ag8gNYL3FffusVqEBUvHyYenTP8

#