The Bitcoin Bubble

Friday, April 05, 2013

Transcript

Bitcoin is an online currency backed by no government, central authority or bank. Invented in 2009 as a response to the global financial crisis it's now worth over a billion dollars. Reuters financial blogger Felix Salmon talks to Bob about Bitcoin's impact on the real world and how every conversation about Bitcoin is making it a little bit stronger.

 

Guests:

Felix Salmon

Hosted by:

Bob Garfield

Comments [1]

Martín from Brooklyn, NY

I'm a huge fan of OTM, so please take this as kindly criticism. This segment can be paraphrased: Let's find some sand and stick our heads in it, then count to ten. When we come up for air, let's hope bitcoins are gone. The ostrich approach is not a great angle to explore for a segment on this complex and fascinating topic. It wouldn't have served OTM's listeners well if the subject was email, the web, or mp3s during their formative stages. All of these technologies changed how we interact with each other online and in the real world, and bitcoin has the potential to do the same. I understand the reluctance to fan the flames of a speculative bubble, but I count on OTM to step in with a bucket of cold water. All I got this time was sand in my ears.

Apr. 07 2013 04:31 PM

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