Is Bitcoin a fair and reliable currency? Contrary to what its proponents might hope, Bitcoin is far from fulfilling their expectations.
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Cryptocurrencies have now become commonplace in the online world. Although most of the media attention is focused on decentralised payment systems, the true revolution is happening at a much deeper level, argue Primavera de Filippi and Raffaele Mauro.
Cryptocurrencies such as bitcoin are often seen as a threat by governmental and financial institutions worldwide. Regulation could help minimise the risks involved. The author explores some legal and self-regulatory precedents from which we can learn.