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2015 | OriginalPaper | Chapter

Bitcoin: Bubble or Blockchain

Author : Philip Godsiff

Published in: Agent and Multi-Agent Systems: Technologies and Applications

Publisher: Springer International Publishing

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Abstract

This paper sets out a brief, deliberately non-technical, overview of Bitcoin, a new, but becoming more mainstream, crypto currency, generated and managed by a distributed multi–agent system. Bitcoin was developed in late 2008 by “Satoshi Nakamoto”. The nature of Bitcoin as a disruptive currency, payments system and asset, is juxtaposed against the potential for its transactional ledger, the blockchain, to usher in a revolutionary way of recording “digital truth”. The main contribution of this paper is to progress the debate around Bitcoin beyond the technical and towards legal and ethical issues and the nature of money and memory itself.

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Title: Bitcoin: Bubble or Blockchain
Author: Philip Godsiff
Publisher: Springer International Publishing
Book: Agent and Multi-Agent Systems: Technologies and Applications
Print ISBN: 978-3-319-19727-2

Electronic ISBN: 978-3-319-19728-9

Copyright Year: 2015
DOI: https://doi.org/10.1007/978-3-319-19728-9_16

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