We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Inverse Gresham

27 May 2011 By Robert Cyran

An online currency is no less real than a printed one. The preordained supply and decentralized nature of Bitcoins have intrigued geeks and paranoid inflationistas alike, and their value in dollars has rocketed. But this abstract gold may not survive such a bubble.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)