Bitcoin Vs. Chile Central Bank

With regards to the article written by former president of the Chilean Central Bank, José De Gregorio, the discussion would not be complete without a response by those who adhere to Bitcoin and the technological revolution of money. Without a desire for to polemicized, but looking to add to the discussion, I would like to clarify some objectionable arguments that the article made.

It’s important to make a distinction between bitcoin and other cryptocurrencies. Although the genre is cryptocurrency, bitcoin has unique characteristics and is separated from the rest of the market by functionalities that belong solely to its protocol. Using both terms without distinction is not correct. For reasons of clarity, I will refer solely to Bitcoin.

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