New UW Bitcoin Research Institute Asks Big Questions About Money
Gift from Portfolio Manager Mark Casey Establishes the Center.
Is money -- and digital currency, such as bitcoin -- a medium of exchange, a unit
of value, an instrument of power or a social contract? Is money defined by how it
functions in society and the trust it creates, or does it have intrinsic value? Does
the value of a person correlate with how much money they have? How does bitcoin differ
from traditional money -- a fiat currency, such as the U.S. dollar?
There has been little academic research on bitcoin, especially outside of computer
science and economics. It is a complex topic, and there are many misconceptions. UW’s
Bitcoin Research Institute seeks to fill this very large gap.
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