‘Revolutionary’: Finland Central Bank Paper Heaps Praise on Bitcoin

‘Revolutionary’: Finland Central Bank Paper Heaps Praise on Bitcoin

“Researchers at Finland’s central bank have dubbed bitcoin’s economic system “revolutionary.”

In a new staff paper released on September 5, economists at the Bank of Finland revealed the results of an investigation into the ins and outs of bitcoin’s infrastructure, as well as their finding that the technology constitutes a “monopoly run by a protocol.”

Overall, the three authors – Gur Huberman, Jacob Leshno and Ciamac Moallemi – contend that this characteristic offers a degree of protection against manipulation by bad actors by virtue of the protocol-layer dynamics..”

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. https://www.coindesk.com/revolutionary-finland-central-bank-paper-heaps-praises-bitcoin/