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Decentralized E-Money (Bitcoin): FB12-7/9-2014E-PDF ; FB4-13/2014E-PDF

"Decentralized e-money is stored and flows through a peer-to-peer computer network that directly links users, much like a chat room. No single user controls the network. There is no centralized issuer of such products or a trusted third party that manages them. This means that they are independent of central banks, financial institutions and Internet platforms. Decentralized e-money is not backed by any particular good or service, and is not redeemable into national currencies"--p. [1].

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Department/Agency Bank of Canada.
Title Decentralized E-Money (Bitcoin)
Series Title Backgrounders
Publication Type Series - View Master Record
Language [English]
Other Language Editions [French]
Format Electronic
Electronic Document

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Note "April 2014." Title from caption. Issued also in French under title: Les monnaies électroniques décentralisées (comme le bitcoin). Previously catalogued under catalogue number FB4-13/2014E-PDF.
Date c2014.
Number of Pages [2] p.
Catalogue Number
  • FB12-7/9-2014E-PDF
  • FB4-13/2014E-PDF
Subject Terms Currency, Electronic commerce