What is Bitcoin?
Bitcoin is a digital currency that was created in 2009. As shorthand, it is often referred to as BTC, similar to how we
use the abbreviations USD or EUR.
Bitcoin is not the first attempt at creating a digital currency, (you can find a
list of other attempts
on Wikipedia), but it
is one of the most widely adopted ones today, with a monetary base in circulation that is well in excess of $1 billion.
$100mm per day gets exchanged for fia
t USD on bitcoin FX exchanges.
Links Related to Bitcoin Primer - Macro Risk Advisors
1.A Fistful of Bitcoins: Characterizing Payments Among Men with No Names - University of San Diego Californiacseweb.ucsd.edu
2.A brave new world? What impact will distributed ledger technology have on the financial industry? - The European Central Bankecb.europa.eu
7.Blockchain: practical implications of a revolutionary technology for financial markets and beyond - DLA Piperprovenance.org
8.Blockstack: A Global Naming and Storage System Secured by Blockchains - Muneeb Ali, Jude Nelson, Ryan Shea and Michael J. Freedmanblockstack.org
9.Bootstrapping Trust in Distributed Systems with Blockchains - Muneeb Ali, Jude Nelson, Ryan Shea and Michael J. Freedmanblockstack.org
11.Distributed Ledger Technology: beyond block chain - UK Government Chief Scientific Adviserassets.publishing.service.gov.uk