Bitcoin: Will it Work?
As the leading digital currency, Bitcoin is a test case for new regulation of virtual payment platforms. But will it last? Or is it just another internet fad? During this CMI 101, Jerry Brito, the executive director of Coin Center, made the case for potential benefits of digital currencies. And Bloomberg View economics columnist Megan McArdle explained the drawbacks of Bitcoin's model. For more, read our primer: Bitcoin: Back to the Future. And don't miss Megan McArdle's write up "Don't Put All Your Bitcoins in One Basket."