Articles on Bitcoin

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What happened to the price of Bitcoin? The truth behind big bubbles and crashes

Business Briefing: What happened to the price of Bitcoin? The truth behind big bubbles and crashes. The Conversation24.8 MB (download)
On this episode of Business Briefing we unpack great heights and crashing lows of a bubble and a crash.
Central authorities are still important to create legitimacy in a cryptocurrency. Shutterstock

The blockchain does not eliminate the need for trust

You may have imagined the blockchain would lead to a world without governments or institutions veryifying transactions, research shows that it probably won't.
When using a cryptocurrency, you interact with a system like the blockchain, an online ledger that records transactions, directly. Bitcoin, is an examples of this. www.shutterstock.com

Why the RBA would want to create a digital Australian dollar

A digital Australian dollar could remove the role of middlemen and creates a cheaper electronic currency system, while at the same time enabling the government to fully regulate the system.
One of China’s biggest bitcoin exchanges recently stopped trading after regulators ordered all digital currency exchanges to close — demonstrating traditional institutions’ nervousness about distributed trust technologies. In this 2013 photo, a staff member at Bitcoin mining company Landminers in southwestern China checks a computer used for that purpose. (Chinatopix via AP)

Beyond Bitcoin: The power struggle over trust-based technology

The development of distributed trust technologies is making traditional institutions like banks, corporations and governments nervous. Those who have power like to hold onto it. What's next?

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