Bitcoin: Birth of the World’s First “Teal” Equity?

Bitcoin: World’s First “Teal” Equity

By Erik Norland, Senior Economist, CME Group

Highlights

  • Bitcoin characteristics resemble equities, currencies and commodities
  • Any collapse in bitcoin currently poses no threat to global growth or stability
  • Policy makers may issue their own cryptocurrencies using blockchain technology
  • Bitcoin helping incentivize creation of a powerful new generation of computers
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