Bitcoin Received Official Recognition

The European Central Bank has released a 55-page publication devoted to the study of existing virtual payment systems. The document details the Second Life and Bitcoin currencies as an example. The most interesting thing is that, firstly, Bitcoin is devoted to at least a quarter of the document, and secondly, the conclusions of the study seem quite objective and, moreover, contain a positive characteristic for this currency and its circulation system.

This event actually means official recognition of the existence of a given currency, its solvency and solvency. In addition, prospects are opening up for the legalization of futures exchanges, such as icbit.se . The latter, by the way, launched non-deliverable futures for cocaine, gold and oil

• www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemes201210en.pdf - the document itself.

Comments:

• bitcointalk.org/index.php?topic=121187.0
• economictimes.indiatimes.com/news/international-business/virtual-currencies-could-tarnish-central-banks-image-ecb-research/articleshow/17011653.cms
• blog.bitinstant.com/blog/2012/10/30/the-ecb-report-on-bitcoin-and-virtual-currencies.html
• www.finextra.com/news/Fullstory.aspx?newsitemid=24231

UPD Thanks to all Gram-Nazis for their private help in correcting typos.