Bitcoin & The New Freedom Of Monetary Policy

Norman Jacknis
5 min readSep 1, 2020

Every developing technology has the potential for unintended consequences. Blockchain technology is an example.

https://pixabay.com/photos/bitcoin-money-decentralized-virtual-2008262/

Although there are many possible uses of blockchain as a generally trusted and useful distributed approach to storing data, its most visible application has been virtual or crypto-currencies, such as Bitcoin, Ethereum and Litecoin. These once-obscure crypto-currencies are on a…

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Norman Jacknis

Senior Fellow, Intelligent Community Forum; Columbia University Faculty. Former Director, Cisco IBSG Public Sector & CIO Westchester County, NY