The global scope of bitcoins

The global scope of bitcoins
The global scope of bitcoins

The global scope of bitcoins

Despite a recent streak of price stability and a generous share of attention on Reddit boards and tech blogs across the internet, the virtual currency ‘bitcoin’ has failed to impress top economists like U.S. Treasury Secretary Jack Lew and Nobel Prize winner Robert J. Shiller, who both came out against the currency in Davos this week. Add to that the arrest of one of the virtual market’s big players in relation to the black market site The Silk Road, and you’ve got a tough media week for bitcoins. Bhaskar Chakravorti, senior associate dean of international business and finance at The Fletcher School at Tufts University will give us an idea of bitcoin’s global relevance and viability going forward. (Photo: Flickr/thetoptier)