Financial regulators and policy-makers need to recognize that when it comes to VCs; setting the exact contours of the new rules is extraordinarily difficult. They need to acknowledge their own limitations and keep an open mind when approaching new technologies. They should not simply ban or dismiss technology they are unfamiliar with, nor attempt to force new technologies and business models ... The Chamber of Digital Commerce, located in Washington, D.C., is the first U.S. based trade association dedicated to promoting bitcoin and digital assets to public-policy makers. According to its website, the Digital Chamber is an “authoritative representative for the digital commerce industry in Washington.” The Chamber’s goal is stated as promoting the acceptance and use of digital assets. - Bitcoin as a stateless currency with no monetary policy - The weaknesses of fiat currency; Gresham’s law - Bitcoin’s appeal to classical monetarists: separating politics from money - Bitcoin’s impact on siegniorage - Can Bitcoin be debased? - Bitcoin’s long-run problem: deflation after 2140 Bitcoin: A Primer for Policymakers - Free download as PDF File (.pdf), Text File (.txt) or read online for free. In this new primer, Jerry Brito and Andrea Castillo describe how the digital currency works and address many of the common misconceptions about it. They also analyze current laws and regulations that may already cover digital currencies and warn against preemptively placing ... Bitcoin: A Primer for Policymakers . August 2013; Authors: Jerry Brito. Andrea Castillo. 2.28; George Mason University; Download full-text PDF Read full-text. Download full-text PDF. Read full ...
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