Thursday 8 November 2012

A paper from the European Central Bank on virtual currencies

(pointed out by Dave).

Looks at the cases of Bitcoin and the SecondLife currency the Linden in detail.  Does take a slightly "we are a Central Bank and know how to do these things properly" sort of attitude but is interesting.

http://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemes201210en.pdf