3 Reasons Cryptocurrency May Raise Antitrust Issues
By Marc Martos-Vila (January 29, 2019, 2:55 PM EST) -- Bitcoin has attracted a substantial amount of attention and investment. Two years ago, its market capitalization was about $11 billion.[1] Today, it is approximately $111 billion, a tenfold increase.[2] Bitcoin is the first of many cryptocurrencies. But it is more than that. Bitcoin is also the underlying technology behind these cryptocurrencies. The pillar of this technology is what is known as blockchain, a distributed ledger technology. The cryptocurrency approach to payments was originally designed to provide services in a more decentralized and transparent manner. This article will provide three reasons why we should be careful not to draw the conclusion that these markets won't be the subject of antitrust concerns....
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