Bitcoin Opportunity

P. Carl Mullan
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P. Carl Mullan: PDX Currency Corporation

Chapter 22 in The Digital Currency Challenge: Shaping Online Payment Systems through US Financial Regulations, 2014, pp 146-148 from Palgrave Macmillan

Abstract: Abstract Digital currency is fast proving its worth as a medium of exchange and a store of value. Non-bank digital currencies should legally exist in America and could serve a major role in assisting members of this large consumer market. Bitcoin delivers a simple-to-use, inexpensive, secure, globally accepted payment product to the millions of Americans presently shut out of the banking system. Continued global growth of the digital unit as a currency and payment system is anticipated.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-38255-9_23

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DOI: 10.1057/9781137382559_23

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