Published on in “Business, Business”, language — English. 10 pages.
Bitcoin
faces
an
uphill
battle
to
satisfy
the
conventional
functions of money as a medium of exchange, store of value
and a unit of account, according to participants at the Bitcoin
London
2013
conference.
The
jury
is
still
out
on
what
role
Bitcoin
can
play
in
the
world
economy.
For
some,
the
ambition
is
for
a
currency
with
a
practical application, used as a medium of exchange
alongside national currencies – and, perhaps, in some cases,
one day replacing them.
Yet for others it is principally us More
