Bitcoin

Is this the person who invented Bitcoin? Last week, Mt. Gox, a Bitcoin exchange based in Tokyo, filed for bankruptcy after being hacked. Yesterday, some governments declared that Bitcoin is not a currency and that they will attempt to tax it (story here). It appears that Bitcoin can't stay out of the news! 

In this Slate op-ed, Richard Grossman, who came to Queen's University a few months back to speak about his latest book WRONG, takes a very interesting slant on Bitcoin, by comparing it to gold. According to Grossman, Bitcoin is as good as gold, which is bad!



Popular Posts