• Could Bitcoin be the First Worldwide Currency?

    28 days ago - By Business 2 Community

    Many will scoff at the very notion of bitcoin as a worldwide currency. “It doesn't scale,” “it's not backed by anything,” or “it's an elaborate Ponzi scheme” are common critiques of the financial and technological innovation. Such sentiments show a clear lack of insight into the concept of value, the ability for software to evolve, and a free market's innate gravitation towards the best.
    The Soundest of Money
    Bitcoin possesses a unique palette of features that make it an excellent form of money. The most important is its true scarcity. Money needs to be difficult to create. If it's not...
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