Home About Latest Browse RSS Advanced Search

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

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.


Download Full text
Download https://doi.org/10.20955/r.2018.107-15
Cite this item
Stephen D. Williamson, "Is Bitcoin a Waste of Resources?" , Federal Reserve Bank of St. Louis, Review, volume 100, issue 2, pages 107-15, 2018.
More from this series
JEL Classification:
Subject headings:
DOI: 10.20955/r.2018.107-15
For corrections, contact Kathy Cosgrove ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal