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Volume 20  Number 4  •  Spring 2016
All Issues:  

Cryptocurrency and the Problem of Intermediation
By Cameron Harwick
This article appeared in the Spring 2016 issue of The Independent Review

Can bitcoin or other cryptocurrencies replace government-issued monies? To do so, they must overcome several obstacles, including the lack of financial intermediaries whose liabilities are denominated in cryptocurrencies and circulate as media of exchange.

 PDFRead the Full Article (PDF, 20 pages)

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