Bitcoin: new order or libertarian utopia? An answer from the past: Scotland 1727-1845

Author(s): Francesco Giacomini

Type: Written pitch

Department: Department of Economic History

Exhibit no: 31

Winner - Popular Prize

This research debunks the myth of Bitcoin as a new financial order by using a historical example and it shows that without an independent authority, allegedly free-markets financial systems run free-wheel into monopolies.