There is no reason to be afraid of bitcoin. At least today
A financial innovation launched in 2009, bitcoin would threaten states and central banks, which could be dispossessed of their monetary management power with all the associated risks. Yet there is no real reason - at least today and probably for long - to be afraid of the big badcoin.
At its launch in 2009, a bitcoin was worth 12 dollars. Today, its price is breaking records: it was trading at $ 11,000 at the end of November 2017. This price level and the fluctuations it has shown since its creation do not have a priori any influence on the monetary policy of central banks. on economic activity. It can either enrich or impoverish those who participate in this market, and that's about all ...
1.5% of the stock of American currency
Bitcoin, a currency independent of political institutions :
Launched in the midst of the financial crisis, the Bitcoin currency has turned out to be a veritable technological upheaval. Is this electronic currency the currency of the future? Will she, instead, join currencies like e-Gold or Liberty Reserve, other virtual currencies that have not survived?
Lastly, the durability of bitcoins remains uncertain. However, the original idea of the creator of Bitcoin, it has indeed been justified: to propose a system of money independent of financial institutions and all policies, what we open to the fields of possibilities.
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