Critiques of the Digital Currency Bitcoin

Definition:

An experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitcoin is also the name of the open source software which enables the use of this currency. Bitcoin units are valued and determined by free-market exchanges around the world.

Source: Bitcoin.org

 

 

Reports and Sources

Bitcoin: A Peer-to-Peer Electronic Cash System

The New York Observer and betabeat: Story of Bitcoin

Bitcoin Report

MIT Techology Review: What Bitcoin Is, and Why It Matters

Aljazeera: Understanding Bitcoin

The Economist "Babbage" Blog: The Bursting of the Bitcoin Bubble