April 2, 2014
According to Vice President and Economist David Andolfatto, Bitcoin is part of the revolution in information technology that will one day permit us to transfer property at much lower cost, bypassing traditional middlemen. Andolfatto also discussed this topic at the Dialogue with the Fed held March 31, 2014, “Bitcoin and Beyond: The Possibilities and Pitfalls of Virtual Currencies.”
Audio courtesy of Bloomberg Radio.
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"Rationally, let it be said in a whisper, experience is certainly worth more than theory."
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