Bitcoin: Has its Time Come?
How can the giant stone currency of the island of Yap help us understand bitcoin and the world of virtual currencies? Justin Rowlatt and guests discuss what they've got to offer.
How can the large stone currency called Rai stones, from the island of Yap in Micronesia help us understand "bitcoin" and the world of virtual currencies? As US senators this week discussed the merits, and dangers, of these so-called crypto currencies, Justin Rowlatt and his guests delve into the opaque world of digital dealings and ask what on earth is a virtual currency, and what's the point of bitcoin when there are so many conventional currencies on offer?
And the programme's resident chief ruminator, Colm O'Regan, on why he's failed, so far, to grasp the freedom from the rules that bitcoin represents.
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- Sat 23 Nov 2013 00:32GMTΒι¶ΉΤΌΕΔ World Service Online
- Sat 23 Nov 2013 08:32GMTΒι¶ΉΤΌΕΔ World Service Online
- Sat 23 Nov 2013 18:32GMTΒι¶ΉΤΌΕΔ World Service Online
- Sun 24 Nov 2013 03:32GMTΒι¶ΉΤΌΕΔ World Service Online
In The Balance Podcast
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In the Balance
The biggest financial stories and why they matter to us all.