Izabella Kaminska's BIS trolls bitcoin reports on analysis of the economics of Bitcoin transactions from Raphael Auer at the Bank for International Settlements.She starts: Bitcoin aspires to take over the world. But as we all know (according to poorly sourced conspiracy forums), the world is currently run by the Bank of International Settlements (BIS), the central bank to central banks. But maybe instead of becoming real, Bitcoin is collapsing before our very eyes. That's the provocative thesis put forth by Izabella Kaminska of FT Alphaville . By: Izabella Kaminska The value of Bitcoins — which trade on what is best described as an OTC basis — has been soaring of late. And suddenly everyone is talking about bitcoins. Bitcoin aspires to take over the world. But as we all know (according to poorly sourced conspiracy forums), the world is currently run by the Bank of International Settlements (BIS), the central – Izabella Kaminska – Financial Times (“The problem with Bitcoin”) – 2013 So to the extent that the experiment [Bitcoin] tells us anything about monetary regimes, it reinforces the case against anything like a new gold standard – because it shows just how vulnerable such a standard would be to money-hoarding, deflation, and depression.
[index]          
The mysterious revelation from Australian Craig Wright that he created bitcoin raises more questions about the digital currency. The FT's Izabella Kaminska explains. Reddit has secret Bitcoin plans and they don’t include ChangeTip ... The Financial Times mentioned The World Crypto Network this week, with Izabella Kaminska writing on December 6th, 2014 in her ... Featuring Perry Mehrling, professor of economics at Barnard College at Columbia University, Rohan Grey, of the Modern Money Network, and Izabella Kaminska of FT Alphaville. (iPhone-quality audio ... Alphaville's Izabella Kaminska looks at what the hack reveals about the bitcoin financial system, and why it is starting to resemble the current financial system. For more video content from the ... FT Alphaville’s Izabella Kaminska explains what bitcoin is, how it came about and what might happen if the identity of Satoshi Nakamoto, its pseudonymous inventor, was revealed.