Can Bitcoin compete with other currencies around the world? Max Raskin, Research Fellow at the Institute for Judicial Administration at the New York University School of Law, discusses legal tender laws and the monopoly powers they give to central banks – and possible benefits that a virtual currency could provide to developing countries. As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker. Reach Max Raskin on Twitter: @maxraskin https://twitter.com/maxraskin Related links: Why Bitcoin Can Become The New Global Currency https://news.bitcoin.com/why-bitcoin-can-become-new-global-currency/ Money 3.0: How Bitcoins May Change the Global Economy
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