More from Ars Technica, which claims this was due to a hacked exchange.
The Economist also has a new piece on Bitcoin looking at the economics behind the digital currency. The story leader:
MILTON FRIEDMAN famously called for the abolition of the Federal Reserve, which he thought ought to be replaced by an automated system that would increase the money supply at a predetermined rate and so keep a lid on inflation. A virtual version of this now exists.Here is an earlier wonkish technical description of how it works.
No comments:
Post a Comment