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A Bitcoin Transaction Tax

Like most economists, I have always been a Bitcoin skeptic. The question has always been what purpose does it serve? The idea that it would be a useful alternative currency is laughable on its face. How can you have a currency that wildly fluctuates ye…

Like most economists, I have always been a Bitcoin skeptic. The question has always been what purpose does it serve? The idea that it would be a useful alternative currency is laughable on its face. How can you have a currency that wildly fluctuates year to year and even hour to hour?  Imagine if you More

The post A Bitcoin Transaction Tax appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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