The blueprint for Scottish independence was released a few days ago - you can read a summary here. For most people, whether or not independence is a good thing largely revolves around the economic costs and benefits of dissolving the union. What currency should an independent Scotland use? In the blueprint, Alex Salmond states that "the pound is Scotland's currency just as much as it is the rest of the UK's". See the super video below produced by the National Institute of Economic and Social Research which explains what money is, the alternatives facing an independent Scotland, and why Salmond's proposal may not be workable (hat tip: Chris Colvin).
According to Robert Shiller , speaking at Davos, Bitcoin is a perfect example of a bubble - story here . Shiller sees Bitcoin as a backwards step in the evolution of money. George Selgin , a free banker, takes an opposing view - click here . Although he doesn't believe that Bitcoin is money, he sees its development as a fascinating turn in the evolution of money. In particular, he lauds the fact that Bitcoin production is constrained and cannot be infinite. There is a short video below where Bitcoin explain how it works.