Bernard Lietaer On Bitcoin

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Video via http://www.youtube.com/watch?v=5IQiBADQzXo

Description

Jeroen Lichtenauer:

"Bernard says Bitcoin is not at all interesting as a complementary currency, since Bitcoin's purpose is actually to mimic two negative aspects of conventional money: speculation and anonymity. It does not make it a better, more transparent medium of exchange than normal money. So in that sense, there is nothing complementary about Bitcoin.

However, Bitcoin's architecture that operates without a third party could be very interesting to use for complementary currencies."

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