Bitcoin

From ACT Wiki
Revision as of 10:30, 16 September 2021 by imported>Doug Williamson (Add quote - source - ACT - https://www.treasurers.org/hub/blog/update-payments-landscape?_cldee=ZG91Z0Bkb3Vnd2lsbGlhbXNvbi5jb20%3d&recipientid=contact-61e01a18fd04e61180d1000d3ab15408-b5d2ee07c94f46e682d3d363e416efa6&utm_source=ClickDimensions&utm_medium=)
Jump to navigationJump to search

(BTC).

Bitcoin is a digital currency that is created, and effectively administered without recourse to a central bank or other central authority.

It was launched in 2009.


Bitcoin is sometimes abbreviated to 'BC', rather than BTC.


Environmental costs & macroeconomic instability
"From 7 September 2021 bitcoin [became] legal tender in El Salvador despite warnings from the IMF and the World Bank citing the potential impact on macroeconomic stability and bitcoin’s environmental costs."
Association of Corporate Treasurers - Update on the Payments landscape - September 2021.


See also


Other links