South Korea Plans to Ban Bitcoin Trading

South Korea said on Thursday it plans to ban trading of cryptocurrency, including the popular bitcoin. The announcement sent bitcoin prices much lower and created unrest in the cryptocurrency market. Justice Minister Park…

Goldman Sachs says 'the bar looks high' for…

"In practice, Bitcoin and other digital currencies face significant practical hurdles to wider adoption—including potential government regulation and excessive volatility. So could Bitcoin succeed as a form of money? In theory, yes, if…

The Bitcoin/Crypto-currency Fallacy

My opinion about Bitcoin – and now its johnny-come-lately imitators and competitors – remains largely unchanged. In accordance with Carl Menger's subjective theory of value, the market prices of “crypto-currencies” still will depend…