Jones Interviewed by MPBN for Alternative Currencies Report

The Maine Public Broadcasting Network spoke with Nory Jones, an e-commerce specialist and professor of management information systems at the University of Maine, for the report “Cash-strapped Mainers eyeing alternative currencies.” Jones said alternative currencies such as the Bitcoin are unstable and volatile, and even though the currency has gained some legitimacy, she doesn’t think it’s enough to make the coins useful. Jones said in order for virtual currency to be legitimate, she thinks it’s going to need some form of governmental support.