The Cut to the Chase Finance series has released a paper titled "The Illusion of Bitcoin," which aims to demystify the cryptocurrency. The paper, authored by CSL Consulting President Christopher Laursen and Director Alison Fitzgerald, explains that Bitcoin is fundamentally a computer protocol and discusses the challenges and limitations it faces in the future. The authors also address conventional perceptions of Bitcoin as a currency and explore the complexities surrounding its classification and regulatory frameworks. The paper offers valuable insights for academics, policymakers, and individuals interested in the truth about Bitcoin.
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