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Bitcoin and the money supply

Bitcoin’s future as an alternative currency is generating heated debate and in-depth analysis of its potential effect on the money supply. Just in the past week, the Bank for International Settlements...

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Bitcoin, central banks and irony

The idea of bitcoin and central banks joining forces is not quite as farfetched as it seems. True, bitcoin is a decentralized global currency system, and regional central banks are, well, centralized...

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Somalia and the question of currency

image from AFP via the BBC As the US escalates its military intervention in Somalia and drought and disease continue to decimate the country, a surprisingly resilient and resourceful currency system...

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