Bitcoin is the world's most popular virtual currency, and brings with it a new breed of digital multi-millionaires. When bitcoin exchange Mt. Gox virtually disappeared, many fortunes were lost. Can you put your trust in the virtual market?
Susan Athey explains how Bitcoin works, and why virtual digital currency might change the way consumers and financial institutions do business. Athey is the Economics of Technology professor at Stanford Graduate School of Business.
0:00 – Introduction 3:45 – Coworking 7:05 – Mining 8:25 – Blockchain 11:15 – Retail 19:45 – Financial Future 22:22 – Gambling 24:00 – Summary 26:26 – Final Thought 28:02 – Credits and EP2 Preview. A fascinating story focusing on the emergence of a new world wide currency – now being accepted in Australia and […]