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Federal Reserve Bank of St. Louis
Is Bitcoin a Waste of Resources?
Stephen D. Williamson

Do Bitcoin and other cryptocurrencies play a useful social role, or do they represent a social waste? Bitcoin is a decentralized recordkeeping system, with updating of the record of transactions in the blockchain.

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Download https://doi.org/10.20955/r.2018.107-15
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Stephen D. Williamson, "Is Bitcoin a Waste of Resources?" , Federal Reserve Bank of St. Louis, Review, volume 100, issue 2, pages 107-15, 2018.
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DOI: 10.20955/r.2018.107-15
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