Challenges of Deploying a Virtual Currency like Bitcoin

American non-profit global policy think tank RAND Corporation has published an extensive research paper entitled “National Security Implications of Virtual Currency,” to examine the feasibility for non-state actors to increase their political power by deploying a virtual currency like bitcoin.

The research addressed three main points:

  1. Why would a non-state actor (an organization with significant political influence) deploy a virtual currency? What challenges will it have to overcome?
  2. How might a government technologically disrupt a VC deployment?
  3. The purposes of deployment and development of virtual currency broader than currency

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