Production Of Bitcoins By Mike Caldwell of Casascius

The Adam Smith Institute’s Head of Digital Policy, Charlotte Bowyer, argues that Bitcoin could become an integral part of UK commerce as the chancellor embraces the digital currency:

As the chancellor embraces Bitcoin, could it soon be integral to commerce in the UK?

Charlotte Bowyer, digital policy researcher at the Adam Smith Institute, says Yes.

Given the right conditions, digital currencies could revolutionise payments processing and become an integral part of UK commerce.

Paying online with Bitcoin could become a serious alternative to using Visa or PayPal – if they don’t adopt the technology themselves…

Read both sides of the debate here.