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Patrik Korda

Bitcoin: Money of the Future or Old-Fashioned Bubble?

Mises Daily

Author: Patrik Korda

Online Publish Date: April 9, 2013

Category: Entrepreneurship, Money and Banking, Free Markets

Bitcoin has been all the rage lately. The stuff, or lack thereof, runs on peer-to-peer technology, is fully decentralized, has no patents, and is open source. Currently, there are almost 11 million units in existence and the maximum amount of units that will ever be created by the logic of its design are 21 million. For more details on how they

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