Last year, in June 2014, Kuwait Financial Center better known as Markaz released a report on bitcoin. The report titled – Disruptive Technology: Bitcoins, Currency Reinvented suggested the use of bitcoin as a mode of payment for petroleum trade. This report caused a lot of debate among economists and the bitcoin community.
Even though Markaz’s proposal sounds attractive, it is not a feasible option at the moment. There are number of factors that will hinder the […]
