Bitcoin digital currency has attracted the regular attention of the financial press for the past several months. Its price fluctuates enormously, influenced by new innovative developments but also by positive or negative decisions by governments and central banks concerning its use. Is the Bitcoin system here to stay and become an integral part of our economic lives? Whatever the outcome of this particular experiment, the innovations made possible by new information technology have the potential to revolutionize monetary and financial matters. This Economic Note offers an overview of the Bitcoin phenomenon in order to better understand the issues that it raises.
Media release :: Bitcoin: A potential for innovation in need of a legal framework
|Ça grouille d’«entrepreneurs Bitcoin» à Montréal (The MEI’s blog at Journal de Montréal, December 13, 2013)
Bitcoin offers much potential for innovation (The Gazette, February 6, 2014)
|Interview (in French) with David Descôteaux, Associate Researcher at the MEI (CKLX-FM, February 5, 2014)||Interview (in French) with David Descôteaux, Associate Researcher at the MEI (ARGENT business news network, January 15, 2014)|