Bitcoin and Beyond
From the growing attention to Bitcoin and "decentralized finance" to the latest excitement spurred by non-fungible tokens, the crypto economy is here to stay. But will it develop the social consensus and institutional arrangements needed to go fully mainstream?
CAMBRIDGE – What is money? Some have described it as a shared fiction, or as a form of collective memory. To document and facilitate transactions between parties, we have relied on everything from seashells and rare metals to strips of paper and – more recently – entries in digital ledgers.