October 11, 2018
For cryptocurrencies, blockchain is the ledger of transactions involving the currency. So, how does it work?
In this video, recorded at a recent Dialogue with the Fed event, St. Louis Fed Vice President and Economist David Andolfatto compares blockchain to a communal history book. He also discussed the importance of two questions:
- Who gets to read this history?
- Who gets to write it?
- Dialogue with the Fed: Blockchain, Cryptocurrencies and Central Banks
- On the Economy: Is Bitcoin a Good Money?
- Open Vault: Three Ways Bitcoin Is Like Regular Currency
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