Source: rss.wn.com
The Bitcoin was called “revolutionary” by researchers at a Finland central bank, the Coindesk reported Monday. The staff paper, written by Gur Huberman, Jacob Leshno and Ciamac Moallemi, was released on Sept. 5, said the report. It served as an investigation into the Bitcoin infrastructure. The paper argued the digital currency system called for "monopoly run by a protocol,” protecting against manipulation to some extent, the report said. "Bitcoin is a monopoly run by a protocol, not by a managing organization” — Finland central bank staff paper “Familiar monopolies are run by managing organizations with discretion to determine and then change prices, offerings and rules,” the authors wrote....

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