In recent months, bitcoin and other cryptocurrencies have plunged in value, yet the market capitalization for these digital currencies is still valued at hundreds of billions of dollars. That market cap has grown more than 20 times since last year, when the cryptocurrency boom began.
With bitcoin's booming popularity comes problems. Speculation in bitcoin and other cryptocurrencies is rampant. Scams abound, and plenty of initial coin offerings (ICOs) have overpromised or underdelivered spectacularly.
No entries found
Log in to Read the Full Article
Sign In
Sign in using your ACM Web Account username and password to access premium content if you are an ACM member, Communications subscriber or Digital Library subscriber.
Need Access?
Please select one of the options below for access to premium content and features.
Create a Web Account
If you are already an ACM member, Communications subscriber, or Digital Library subscriber, please set up a web account to access premium content on this site.
Join the ACM
Become a member to take full advantage of ACM's outstanding computing information resources, networking opportunities, and other benefits.
Subscribe to Communications of the ACM Magazine
Get full access to 50+ years of CACM content and receive the print version of the magazine monthly.
Purchase the Article
Non-members can purchase this article or a copy of the magazine in which it appears.