"Bitcoin--the means of payment--not bitcoin the currency, for which I see no future"

Interesting comments from retired IMF AsstDir, and current consultant
to various central banks: http://wcoats.wordpress.com/about/

My view:  Agreed that it's not useful as a "unit of account"; that it
is useful as an operational component in various "media-of-exchange",
and to this end I propose that what it needs is a viable
"value-in-exchange benchmark" (which each P2P pair may choose).

Joseph

---------- Forwarded message ----------
From: Dr. Warren L Coats Jr. <Wcoats@aol.com>
Date: Mon, Mar 3, 2014 at 4:03 PM
Subject: Bitcoin's Mt. Gox
To: "Warren L Coats Jr." <WCoats@aol.com>


Dear friends,

Bitcoin continues to be a hot topic:
http://wcoats.wordpress.com/2014/03/03/the-future-of-bitcoin-exchanges/

Best wishes,

Warren Coats
http://wcoats.spaces.live.com
http://works.bepress.com/warren_coats/

Received on Monday, 3 March 2014 21:19:48 UTC