Bitcoin marks a significant step forward in trust for all of us
Bitcoin marks a significant step forward in trust for all of us by Michael Haynes and Jason Carpenter of Etherbridge “Bitcoin has no fundamental value” has long been the war cry for many traditional financial participants. This week we thought we could shed some light on this short-sighted mantra. To highlight the clear value that Bitcoin affords, we first need to define what it is we are talking about. So, what is Bitcoin? Bitcoin is both a network and an asset. The Bitcoin network is a real-time gross settlement system comparable to Fedwire and Target. Settlement system...
Source: cityam.com