Saturday, 16 March 2013

Interview: How Cryptocurrencies Could Upend Banks' Monetary Role

Earlier this week, Jon Matonis, inspired by random posts I've been making all over the internet over the last year or so, interviewed me via email. The posts and my replies were then edited into one article in an interview style and yesterday were published on the American Banker website:

http://www.americanbanker.com/bankthink/how-cryptocurrencies-could-upend-banks-monetary-role-1057597-1.html

The interview concentrates on how Bitcoin affects both theory of practice of fractional reserve banking, and the related questions of the money supply, credit markets and the interest rate.

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