The Ethics Of Bitcoin

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.

Author: Gregory Beatty

Greg Beatty is a crime-fighting shapeshifter who hatched from a mutagenic egg many decades ago. He likes sunny days, puppies and antique shoes. His favourite colour is not visible to your inferior human eyes. He refuses to write a bio for this website and if that means Whitworth writes one for him, so be it.

One thought on “The Ethics Of Bitcoin”

  1. I GEUSS it depends on the generation gap. Some are like what is it….. and some are I like the cash. Some love sitting in the local cafe.

    It all depends on your reading choice. You go from sue Orman to wealthy barber. The rest would love to sit and assume.

    Bitcoin is a digital form of cash from every day transactions. Go techno world.

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