Is Bitcoin the future of money?

This originally appeared in The Nation, April 30, 2014, issue. With Bitcoin now having migrated from obscurity to headlines (though I said “all over the headlines” then, it’s really broken into the bigtime now), I thought I’d repost it here, since it’s behind a paywall. My BTC 0.05 would be worth $862.50 as I’m posting this, but I sold it, alas. Is Bitcoin the future of money Doug Henwood What’s being touted in some circles as the future of money looks hardly more peaceful than its past. Bitcoin, a formerly obscure cyber-currency, is… Read More