I did a short post on Bitcoin back in April 2013. It’s a digital currency that’s been around since 2008. Supporters of the concept regard it as akin to the second coming (in a currency context) paving the way for an expanded digital economy and freeing people from the tyranny of the existing monetary and banking system.
Skeptics outnumber believers by a huge margin, though, with many people questioning the legitimacy of Bitcoin and the wisdom of having a currency that exists outside the boundaries of normal commerce.
Plenty of roadblocks have slowed Bitcoins acceptance in our society from wild swings in value to allegations of money laundering, to lack of merchants willing to accept it in payment for goods and services, to security of the coin itself. But Bitcoin continues to exist and circulate, so it’s not like it’s dead as a concept.
Tonight, as part of the ongoing public lecture series Philosophy Cafe, University of Regina academic Roger Petry will give a talk on Bitcoin. The full title is “The Ethics of Bitcoin: Lessons For Developing Money As A Social Contract”. The talk is at the Artesian on 13th with a start time of 7:30 p.m.